Is everyone scared 😱 enough today or after SuiteWorld? What are your thoughts about what was announced? • Easy to implement NetSuite in days? Really? • AI would solve all your development needs? • You don’t need Stacy fixing transactions manually because 20 edge cases nobody knows about but AI will know? • Oracle AI credits will be enough for your contract term or would they be a money trap? I mean; Oracle charge by seats but somehow AI would or could reduce seats count; that means they would lose money? Lol 😂

Besides... Let's assume everyone got used to it... But on the other hand, open models that compete with Claude and OpenAI are starting to be really good (this might feel unrelated, but it is), and they are manageable to run locally, and a lot of people want to do that. Now, the winners would be hardware companies, but that would increase the demand for RAM and GPUs even more, which might lead a company like Oracle to raise the prices related to AI features. Now, people will try to connect the system to their local models, or they might push their users to reduce their usage of AI features. Oracle might lose a lot of money in this case. UNLESS Oracle AI is able to do some things that open models won't, because they are trained on different data, maybe... + what companies would pay for it is higher than the cost of the seats they would get rid of. Unlikely? (Also add to that... if this was the case, the increase in profits should cover what Oracle already invested in all of this)

Time to get that electrician/plumber cert and start a business

@alien4u I do wonder what role would be the Last Man Standing with all the planned human obsolescence in this post-ERP world... a single tech savvy person? Or only the CFO? I struggle to imagine my finance leader getting rid of all the tech people to let NetSuite run itself, talking directly to Ask Oracle, even to document things for external auditors. Just ask the AI and shrug? My hope was to have some 15ish years left in my NetSuite career, but now I'm no longer sure I'd have 5. Time to start looking elsewhere.

It is starting to feel like manual work is the way forward such as the electrician career you mention. I’m not sure which other tech role would be safe from AI. Right now, I feel AI knows how to do “stuff” but not necessarily whether it should, but do wonder how long it will be before it does.

I still didn’t read a single view that makes sense of how this will work in the long run. It doesn’t even look good from a capitalist point of view. If millions lost their jobs, you’d have a huge problem. This would crash the market or start a global revolution or something. And if everyone became a plumber, who would need one? And if people had no money, how would they pay the plumber? Even plumbers are not safe here 😢

You make a good point.

Sadly

In the AI Training on the Sunday a person raised the question regarding Token usage. You contract to a 3-year contract and all your tokens in that year are initially applied. You can burn these in the first 12 months which I don’t have a doubt you can probably do if you were to let the users go nuts on this. Yet, there was no talk of how much are extra tokens, and they even said at times, we are still trying to base line these? Baseline? So does that mean if they then think based on your contract it was too little they would top you up for free? Somehow doubt that. I think organisation need to be very careful prior to letting loose on Oracle AI and start to get your AI governance framework in place now. We will be utilising a solution whereby all our MCP’s are connecting via a guardrail solution. I don’t want random things connecting. This will also govern our generative AI to a degree (which will potentially be very difficult inside NS itself) but for anything Anthropic or ChatGPT it will go through the same solution. We are 🇦🇺 based so no NetSuite Next as yet (few companies testing) and apparently we will be potentially getting this towards end of the year. This Framework will also cover all our staff. Not just Devs. I was at the Cloudflare Conference in San Fran just prior to NetSuite and everything from that conference just makes sense when it comes to guard railing your AI. Worth looking and Cloudflare One/ Cloudflare OS to protect your staff

Companies needs to be very careful about this because the AI market today is a very clear case of Grab and squeeze: The playbook of pricing below cost to win a market and raising prices later is more than a century old (predatory pricing was a central allegation in the 1911 Standard Oil antitrust case), and in tech it has happened too often to count exactly, with well-known examples including Uber and Lyft's investor-subsidized rides, Google Maps' 2018 API price jump, Heroku dropping its free tier in 2022, Twitter and Reddit putting their APIs behind paywalls in 2023, and Broadcom's steep VMware price increases after buying it in 2023.