Reg metrics show Enrique Lores is worth a lot of ink

HP CEO pay for 2023 = 270,315 printer cartridges::Reg metrics show Enrique Lores is worth a lot of ink

  • AutoTL;DR@lemmings.worldBEnglish
    1·
    9 months ago

    This is the best summary I could come up with:

    The Reg family would like to extend our condolences to HP CEO Enrique Lores after his headline financial compensation package for 2023 declined more than 7 percent year-on-year to $19.46 million.

    It is tough at the top, as we’ve pointed out before, but someone has to step into those Italian leather slip-ons, slide onto the corporate chaise longue, and spin gold from straw.

    Shareholders will get the chance to attend the Annual General Meeting on April 22 to vote on various things including to have their say on pay and elect the 12 directors listed in the proxy statement.

    PC makers, including HP, are now praying that on-device AI will improve their lot in 2024 and are helping to inflate the hype bubble.

    Just months ago analysts and vendors were struggling to define the AI PC, with IDC going so far as to say that use cases had yet to be articulated.

    On the printer front, HP is fighting back against the incursion of evil remanufacturers that are pinching its hard-won supplies margins, although not all customers are happy with the methods and some are deploying lawyers.

    The original article contains 457 words, the summary contains 187 words. Saved 59%. I’m a bot and I’m open source!

    • SkyezOpen@lemmy.worldEnglish
      2·
      9 months ago

      on-device AI

      You have to be shitting me.

      I know ai is the new hotness but come the fuck on. I actually would rather go back to everyone trying to shove NFTs into everything.

      • Monkey With A Shell@lemmy.socdojo.comEnglish
        2·
        9 months ago

        A lot of it is buzzword marketing. Most of these small device boxes with ‘AI’ are undoubtedly just simple else/if trees giving a pre-determined output for a set on environmental conditions.

        It’s like in food, for a while everything was gluten free, now it must list protein content, whatever’s next will get pasted on everything until it becomes meaningless.