It’d be great to see the real numbers. Anyone who’s actually used AI knows it’s nowhere near reliable enough to replace human work outright. And yet we keep hearing that “AI-driven layoffs” are the future, when most reports say many of those jobs aren’t being replaced at all, or they’re being sent offshore. It feels like nothing more than old-school cost cutting dressed up as innovation. At the end of the day, it’s plain greed and leadership completely out of touch with the people who actually keep the place running.
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AI will fit in nicely with all the other failed initiatives (fads) like Six Sigma, Lean, BPM, Agile and a host of other busy work cr-p that adds no value.
@dj - as long as the people in the ivory towers can sit there and use CoPilot to generate images of cats wearing spacesuits or their assistant in a bikini, "AI" will continue to enjoy its big push for now.
Michael Burry is 100% correct.
Any company that leans on AI for decision making and the materials needed to make those decisions, will suffer the consequences of that decision. I don’t give a damn how smart it is, the human brain cannot be replicated with reliability. I’m old enough to remember when the “dot.com” era sparked the same fears. How’d that play out? Remeber when Bank of America had “robo-signers” for the absolute global f’up crash it created in 2008? Yep. How’d that play out?
When the dust settles, I suspect roughly 25% of this AI bo-m will actually be usable. The remaining 75% will just be techno garbage cr-p for the next wave of geeks and nerds to play with for the next round of “oh my god, we’re being replaced by computers” frenzy in 25 years.
Outsourcing legitimate banking to facilities in the same country that is notorious for perpetrating massive financial fraud on a global scale seems like a horrible idea. It really should be raising concerns about what kind of oversight is involved. Sure, you can disable screen/audio recording, USB devices, and track all copy/paste activities but you CAN'T control someone sitting in front of a screen with a cell phone who is recording all sorts of sensitive data. That fact alone should be enough to cause concern.