The other way to look at it is that the entire consulting industry is teetering on catastrophe. And IBM, being largely a consulting company now, is not being spared.

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ahartmetz 42 minutes ago | parent | next [-]

> The other way to look at it is that the entire consulting industry is teetering on catastrophe

Oh? Where'd you get that information?

If you mean because of AI, it doesn't seem to apply much to IBM. They are probably not great at what they do like most such companies, but they are respectable and can take the blame if something goes wrong. AI doesn't have these properties.

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kelnos an hour ago | parent | prev | next [-]

IBM isn't failing, though. They're a profitable company with healthy margins, and enterprises continue to hire them for all sorts of things, in large numbers.

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carlmr 3 hours ago | parent | prev | next [-]

This is a separate argument though. A failing company may still be right in identifying other companies failure modes.

You can be prescient about failure in one area and still fail yourself. There's no gotcha.

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esseph 2 hours ago | parent | next [-]

IBM is not a failing company though, they are a Goliath in the Enterprise space.

	▲	carlmr 12 minutes ago \| parent [-]
		Still besides the point. The company failing or not is orthogonal to them being able to identify failure in others.

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marliechiller 2 hours ago | parent | prev [-]

> A failing company may still be right in identifying other companies failure modes.

Agreed if this is what they are doing, but what if theyre spewing claims to try and discredit an industry in order to quell their shareholder concerns?

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bayindirh 3 hours ago | parent | prev [-]

IBM was making "calculating cheese cutters" back in the day [0].

I'm sure they can pivot to something else if the need arises.

[0]: https://imgur.com/a/ibm-cheese-cutter-Rjs2I