Episode 193: The FTX Contagion, Goodnight to Alexa, Amazon Replaces Recruiters with AI!

Topic 1: The FTX Contagion Has Affected VC / PE Firms that Invest In MSP Vendors

https://www.channele2e.com/news/ftx-cryptocurrency-bankruptcy-filing/

In all the noise that’s surrounding the collapse of FTX and the impact on other crypto companies, news is coming out that several major MSP investors have also suffered significant losses. Initial statements indicate that the losses were not enough to threaten the survival of the investment funds, but that there will be implications for how they make investment decisions in the future.

Topic 2: Is It Goodnight To Alexa (and other voice assistants)?

https://www.axios.com/newsletters/axios-login-a17bdd5b-e815-4499-bd18-08cbf2114c16.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axioslogin&stream=top

Despite billions invested and many high hopes for a new computer interface, the products in the voice assistant category have dramatically underperformed the plans of their developers – both in terms of usage and commercial value. Is there a future for interactive voice assistants … or is this another in a long line of failed voice recognition innovations?

Topic 3: Amazon Lays Off Recruiters … Could Be Planning to Replace Them With AI

https://mashable.com/article/amazon-layoff-ai-tech

https://www.bloomberg.com/news/articles/2022-11-29/amazon-s-cloud-unit-expects-to-keep-expanding-hiring-in-2023

Following the announcement of the largest layoffs in Amazon’s history, the company followed up with buyout offers to hundreds of recruiters, signaling the end of the season of accelerated hiring across Amazon. But yesterday at AWS Reinvent the company announced that it will continue to add staff in 2023 (specifically within the AWS division) as cloud sales continue to accelerate. So, who will do the recruiting? Turns out they are re-visiting the use of an AI recruiting system to do the work previously done by humans. Hmmmmm.

Sponsor Memo: OITVOIP

Did you know about STIR/SHAKEN? If you’re doing voice for your customers, you had better — the deadline was June 30.

This technology is focused on reducing robocalls, and providers have to take action. Are you compliant?

The team at OITVOIP has put together resources for you to learn more… or, for their customers, it’s already handled.

Want to learn more? Visit https://oit.co/mspradio/ for resources to help make sure you’re covered.

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