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The chip exec who powered the AI boom says America's $39 trillion debt is the same mistake that kills great companies [Fortune]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Every generation faces a new wave of technological disruption and responds with the same blend of overconfidence, short-termism, and reluctance to let go of what's working. The internet did it. The mainframe era did it. AI is doing it now. “The technology always evolves faster,” he told Fortune backstage at Great Place to Work's For All Summit in Las Vegas, when asked about the pace of change. “I've had this debate so many times,” Devgan said, sighing in a slightly professorial manner, fittingly attired in a tweed blazer. He allowed that technology has given humans more options, but argued they are still the same human beings underneath. “There are more tools, but the human part is not different,” he said. What makes Devgan's perspective unusual is that he's not a philosopher: He's an engineer at the center of the AI build-out. As president and CEO of Cadence , the $90 billion-plus electronic design automation company whose software underpins the chips in everything from iPho
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