If you are a Home delivery print subscriber, online access is included in your subscription. Activate your Online Access Now
"There was a lag," said Deierling, speaking in Toronto on Wednesday alongside other tech sector executives on the sidelines of the Cisco Connect conference.
"All of a sudden I have all this bandwidth for the internet and the dot-com era, but now I actually need Amazon and Uber and Netflix and all of these other businesses."
While those use cases did develop over time, Deierling said AI doesn't have to wait decades. He said applications for software built on AI technology "already exist" and companies can take advantage of them right away.
"In the dot-com era, by the late 1990s, early 2000s, you started to see inventory build up ... and people were shipping things that actually weren't selling through. We don't see that at all," he said in an interview.