Elbows Up Cheerleaders

In an expanding economy, mergers and acquisitions can streamline productive capacity to meet growing demand. In a shrinking economy, the purpose of a merger is often to sweep up the pieces of a dying business to salvage whatever is left of their capital. I’m not so sure that the upbeat tone  of the article reflects the reality of the Canadian economy.

Canadian dealmaking activity is expected to pick up this year, driven by nation-building efforts and a stronger business outlook, according to a new survey by KPMG Canada.

Thirty-three per cent of business leaders polled indicated plans to make a major acquisition in the next 18 months to capitalize on potential growth opportunities, the survey released on Monday found.

If Women Ran The World

Science;

Academic papers by women and racial minorities were prioritized for publication by the American Political Science Review, according to a new report from the Goldwater Institute.

The policy is just one of the results of a takeover by the self-described “Feminist Collective” at the publication, run by the American Political Science Association and published by Cambridge University Press.

The all-female editorial group also shifted the journal’s focus to identity politics and away from topics such as the U.S. Constitution, the study from the Goldwater Institute concluded. The group lost power in 2024, however it may have approved some articles that were published into 2025, which covers the most recent set of issues. Goldwater’s report covered articles published between 2020 and 2025.[…]

Articles that the American Political Science Review published under the directives of the “Feminist Collective” include “Universal Suffrage as Decolonization,” “From Thin to Thick Representation: How a Female President Shapes Female Parliamentary Behavior,” and “Overcoming the Political Exclusion of Migrants: Theory and Experimental Evidence from India.”

Elbows Way Down

I’ll go out on a limb and suggest that Canadians need to be less concerned about Trump and more concerned that voters essentially opted for a continuation of the Trudeau years with a few tweaks.

“Businesses aren’t panicking, but they aren’t betting big either,” Patrick Gill, vice-president of the business data lab at the Canadian Chamber of Commerce, said.

“Pessimism about the next 12 months is now at its highest point in several years,” he said. “In that environment, firms are holding back on major expansion and taking a clear wait-and-see approach as they look for more clarity on U.S. trade policy and demand conditions.”

 

I, For One, Welcome Our New Self-Driving Overlords

Will Lockett;

Recently, senior executives at Salesforce have admitted, both internally and publicly, that they massively overestimated AI’s capabilities. They have found that AI simply can’t cope with the complex nature of customer service and totally fails at nuanced issues, escalations, and long-tail customer problems. They even say that it has caused a marked decline in service quality and far more complaints.

But the problems go far deeper than that.

Both employees and executives have said that the company is wasting countless resources on firefighting to stabilise operations since the mass AI layoff. Employees have to spend so much time stepping in to correct the wildly wrong AI-generated responses that AI is wasting more time than it saves. In other words, this AI reduces productivity, not increases it.

But there is also a huge problem here with expertise and skill debt. On top of the firefighting to correct the AI, executives have also highlighted how they are also having to firefight to stabilise their systems from problems that were previously easily solved by staff who had the required experience and skill. However, these staff were fired in the AI layoffs.

Expertise, experience and skilled employees are really hard for a company to acquire. You see, much of the expertise, experience, and skills required are unique to the company and its operations. These operations will have quirks, common problems, and unique issues that even the most experienced outsider will really struggle with, but are effortless to someone with experience within the company. As such, these attributes are not only vital, but are nurtured and grown within a company, and cannot be hired in on a whim. What Salesforce has done is chuck all this experience out the window, and now they are suffering.

To say this is a damning indictment on Benioff, his capabilities as a CEO, and his cult-like push for AI is an understatement. It demonstrates that he is dangerously ignorant, as it was painfully evident that this would happen; more on that in a minute.

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