Thread regarding Bank of New York Mellon Corp. layoffs

Checkout the new CNBC video about Eliza

the reporter asked Eliza which bank has the best AI technology and Eliza answered JPM and GS. oops
lmaooooo


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| 11511 views | | 9 replies (last February 13) | Reply
Post ID: @OP+1kh2kn13p

9 replies (most recent on top)

They choose to spend a ton of money on this AI apparatus that is clearly a POC but ignore the fact that they have layers and layers of antiquated systems that date back to the 1980's that they are still using today. Some things just never change with these knuckleheads.

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Post ID: @t3+1kh2kn13p

At 2:40 it says JPM has better tech!

https://www.cnbc.com/2026/02/09/digital-employees-ai-bootcamps-americas-oldest-bank-spends-billions-on-tech.html?&qsearchterm=eliza

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Post ID: @eg+1kh2kn13p

LAR is as dense as can be. Highly scripted.

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Post ID: @e3+1kh2kn13p

@d9 Yup you are completely correct. This is why our management is completely out of touch and d-mb. They spend million of dollars to just build a UI around it. Instead of building a wheel, why not just use wheels out there.

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Post ID: @da+1kh2kn13p

Eliza is just a ChatGPT wrapper (that could also just use Gemini, Claude). It has a bunch of garbage middle ware built on top that have been made obsolete by Claude Code and Claude Code templates

If BNY wanted to push AI, they could just build Claude Code extensions and templates, and get away with doing 100x more for 1/10 the cost.

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Post ID: @d9+1kh2kn13p

The company in a nutshell

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Post ID: @cj+1kh2kn13p

Our CIO joked with the CNBC reporter that if BNY was not listed as the best AI technology then Eliza would be fired!

Oh wow, not even PIP-N-GO!
Such an investment and then POOF!
There goes our future.

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Post ID: @cg+1kh2kn13p

Absolutely ridiculous

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Post ID: @cf+1kh2kn13p

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