00:00 Speaker A
On your call last night, you said there will be 150 million in cost savings this year. Well, I said at the beginning of the show that I think AI is really starting to impact so many jobs in this country. Of course we saw that news from the block. How many of these savings reflect companies relying on AI to reimagine their workflows?
00:29 Speaker B
Capital to pursue accelerators and ultimately reinvest in the core of our business and technology is a critical part of that. In short, we pride ourselves on being a human-centric, digitally enabled company. Well, our AI is very undisciplined in our approach to investing in AI. Having laid this foundation in the context of our AI office, we are focusing on three strategic layers. The first is reinvention. AI is helping us create new tools and new ways of working. The way we design products is literally changing. The second is optimization, which enhances existing systems and experiences with real-time insights. This has affected how we plan our business and how we price our products. And third, equip every member of your team with AI tools and training to help them move faster and ultimately think bigger. That’s why we’re focused on areas where we believe AI can significantly reduce friction with customers, increase predictability from product to market, and ultimately unlock productivity for companies. There’s a lot more to share about what we’re doing. We live in the Bay Area and our headquarters are in the Bay Area. Well, we continue to collaborate with our neighbors and offer many exciting opportunities to modernize our organizations, partner with Google Cloud, and drive innovation across our business. We will of course keep you updated on all of that as the situation progresses.
