CYA
Simplify Tail Risk Strategy ETF
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Because those things that make up the totality could be false or exaggerated. Like sending emails to yourself about someone to CYA

Because those things that make up the totality could be false or exaggerated. Like sending emails to yourself about someone to CYA

this happened in canada too. in 2012 toronto-dominion bank & td canada trust DRILLED OPEN and EMPTIED 1600 safety deposit boxes with zero notice across the country.
2026-02-24 E&OE/CYA

I’m not defending any big software firms I’m not connected to any of them: There are some that will succumb but inertia and switching costs are very very real things and you’ve probably seen this yourself .. even interior products stick around bc the switching costs and efforts are just too much to overcome in the short to mid term. If costs come in significantly lower for some newer ai software perhaps over time they will change but trust, CYA, liability aversion, frameworks all matter. Also this idea about ai replacing legacy software providers assumes the legacy players aren’t switching too!

I work in a consultant heavy industry (not tech) and I don’t think people can comprehend the CYA aspect consulting offers. I once saw four consultants agree to pay $300k out of pocket for a fuck up they made just to keep their jobs. I work as a subcontractor and the company I’m subcontracting for pays out about $2.5 million in consulting fees a year for just one job-site to negate liability. Consultants are worth more than insurance in some cases.

Legal/CYA reasons mostly. Less exposure to your career to blame a failed implementation on an external party. Fail on your own and blame it on ChatGPT? Good luck.