Cadence Design Systems at the dawn of the era of AI (artificial intelligence)

As anyone who knows me knows it doesn't take much to get me excited and I am getting very excited about artificial intelligence (AI). The term has been bandied about so much that we are already becoming blasé about it but maybe it really is going to be huge and life changing for Homo Sapiens. It seems to me that it easily could be.

Before I talk more about that there is another important thing happening in the world. Technology companies, not Cadence as it happens, which overhired during the lockdown, e-commerce, work from home, technology boom are laying off people even faster than they hired them. Some 154,000 people were laid off in 2022 and that number is already fast being approached in 2023.