Salesforce Earnings Show AI's Business Value
SAN FRANCISCO, USAThu Dec 05 2024
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Jim Cramer, from CNBC, discussed the recent success of artificial intelligence (AI) in the business world, taking Salesforce as an example. He believes that the company's earnings show the true potential of AI in enterprise settings. Salesforce, a big player in enterprise software, reported higher-than-expected revenue and future projections, causing their stock to rise by almost 11% in one day. The star of the show was their new AI product, Agentforce, a set of AI-driven chatbots designed to automate tasks like marketing and customer service.
Salesforce's CEO, Marc Benioff, talked about Agentforce as a game-changer, calling it a new era of digital labor for all businesses and industries. Even with the vast investments in AI, there were doubters on Wall Street wondering if it could be profitable. However, Cramer sees Agentforce as a real-world example of AI's capabilities, with Salesforce securing over 200 deals in the last quarter alone.
Cramer explained that AI agents won't replace humans, but will handle the jobs nobody wants or that are hard to fill. This could free up workers to do more meaningful tasks. He envisions a future where interacting with humans for support might become obsolete, as AI agents will handle it more efficiently. "Bring on the 'agentics, '" Cramer said, welcoming this new industrial revolution.
https://localnews.ai/article/salesforce-earnings-show-ais-business-value-f5ce68e3
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