The HR Huddle Spilling the Tea on HR Tech - How billion-dollar talent acquisition deals and private equity consolidation expose the AI ROI reality gap.
In this episode of Spilling the Tea on HR Tech, Stacey Harris and Cliff Stevenson discuss Thoma Bravo's $12.3 billion acquisition of Dayforce and Workday's back-to-back purchases of AI companies Paradox and Flowise. They also examine contrasting research on AI adoption, with Goldman Sachs predicting minimal workforce disruption while MIT reports that 95% of organizations see zero ROI from generative AI.
Key points covered include:
↪️ Thoma Bravo takes Dayforce private for $12.3 billion (32% premium), while Workday acquires AI talent acquisition leader Paradox and low-code AI agent builder Flowise.
↪️ Discussion of conflicting studies showing 95% of organizations getting zero ROI from generative AI, contrasted with continued massive investments and the hosts' data showing strategic, tactical AI adoption in HR.
↪️Goldman Sachs study suggests AI will only temporarily impact 2.5% of US jobs, contrasting sharply with MIT findings that 95% of organizations report zero return on AI investments despite continued billion-dollar funding rounds.
↪️ Wave of executive appointments from Google, Amazon, Microsoft, and other major tech companies signals HR tech's growing prominence, though hosts warn newcomers about HR's unique compliance and regulatory complexities.
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Stacey Harris
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Cliff Stevenson