Phil Fersht

2 weeks ago | horsesforsources.com | Phil Fersht

Tariffs are back in fashion — again. Some politicians love them. Pundits love to debate them. They’re tough-sounding, crowd-pleasing, and give the impression that someone is finally standing up for American workers. There’s just one problem: they don’t work — at least not the way we need them to. Sure, tariffs sound great in campaign speeches.

3 weeks ago | horsesforsources.com | Phil Fersht |Saurabh Gupta |Tony Filippone |Joel Martin

In the late 19th century, the US didn’t have an income tax and relied purely on tariff revenues. Now, the fate of the global economy lies with one “big beautiful bill” of income tax cuts, which President Trump believes will stimulate an economic surge for the country. Economics and analysts are highly skeptical that this will work. At HFS, we see the very foundations of the IT services industry being rattled to the core.

3 weeks ago | horsesforsources.com | Phil Fersht

Biden’s keynote could not come at a more opportune time. Agentic technology dominates business conversations, blurring the lines between humans and technology and between services and software. Under the monicker of “The Agentic President,” The former President will address the HFS audience of technology and business leaders to help them grasp these huge opportunities agentic AI presents for the US economy.

1 month ago | horsesforsources.com | Phil Fersht

Maybe it’s my generation, but I remember when going to work was fun, and you actually wanted to take on new projects and assignments to gain more experience and impress your colleagues and bosses. Today, it feels like so many people have flipped a full 180 degrees where they expend all their energies looking to take credit for everything possible while claiming they are just so damned swamped to take on anything new. Why actually do work to impress people when you can just pretend you do?

1 month ago | horsesforsources.com | Phil Fersht

Miss the good old days when everything was fine as long as the economy was good? Today we need to fight our inner FOBO… our Fear of Becoming Obsolete. We hate to be the bearer of bad news, but we have far more to worry about these days than just the economy, where only 16% us are bullish about our economic future:An overwhelming majority expect some form of economic turbulence in the coming months.