TechLinks (weekly)
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Linked – What If the Next Big Social Media App Is … Nothing?
At some point, everyone who wants to have an Instagram account has an Instagram account and is using it as often as they want to. You can’t have huge growth spurts. You can only play around the edges and manipulate users to stay online to grow and that’s not a winning strategy. Yet it’s what shareholders and venture funds require. They’ve created a world where growing less than 20% per year might as well be failing. It’s sure going to look like failing when you start cutting jobs and doing stock buybacks. Those used to be desperate measures, but now they’re just a Tuesday at the office.
Linked – Expectations Debt
The term Expectation Debt fits a lot of what I was talking about earlier this year. This is a paragraph about Amazon, but you could write the same thing about Microsoft, Google, Zoom, and many other tech companies.
Expectations were so high in 2021 that investors and employees had to achieve extraordinary things just to break even. When results were merely good, they felt terrible.
Will AI pricing become a charge-back cost to clients?
Maybe we can solve both of those issues this way? We’ll bill you fewer attorney hours by leveraging AI, but you need to foot the bill for its use? Right now, with a set price per seat, the cost of using AI on a given matter is nothing, but it won’t remain that way. It can’t.
Will the legal market make this adjustment to billing back the cost of AI compute? If not, how do firms justify the undefined cost for your firm?
Shared Links (weekly) Dec. 12, 2021
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Assessing E-Discovery Skills Is a Low Firmwide Priority—And That May Not Change
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Five Ways To Destress And Improve Mental Well-Being In The Workplace
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How to Get Ahead of E-Discovery’s Shift to Digital Communications
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The eDiscovery Manager’s Guide: How to preserve Zoom meeting data and chats
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Bad Faith for Not Reviewing Docs for Relevance Before Asserting Privilege
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