Thread regarding Wells Fargo & Co. layoffs

AI Risk

Flowers in the townhall: “We are not going to stop focusing on risk. On the contrary. We will continue to focus on risk management.”

Also Flowers: “Pick up co-pilot. Use it. Experiment. Get familiar with it. It is our future”

lol. How many people are using co-pilot to knowingly or unknowingly sp-t out nonsense right now. These banks are highly regulated. Zero controls in place for how outputs are being used. Most managers are reviewing nothing. No one has a clue hoo o w often people are using AI or where.

I’ve seen people submit so much gibberish to me over the past month. Clearly AI outputs.

Good job guys. Not only is RCSA a joke in terms of quality but now we are layering in more risk to every process without understanding the impact.

What could go wrong?


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| 11 views | | 5 replies (last April 8) | Reply
Post ID: @OP+1kn6rxqq7

5 replies (most recent on top)

The biggest risk to the company, by far, is HY.

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Post ID: @13s+1kn6rxqq7

I am getting pages and pages of AI generated nonsense from my risk partners.

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Post ID: @128+1kn6rxqq7

We must move forward. Not backward. Upward not downward. And twirling, always twirling.

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Post ID: @f9+1kn6rxqq7

Risk management was a smoke screen to get out of jail. No one wants it any more and you'll see all sorts of controls "modified" or eliminated in the spirit of being more nimble. Just watch. The great unwinding of our risk culture is underway.

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Post ID: @cn+1kn6rxqq7

RSCA was always a joke even before copilot. They got a bunch of managers into a hot room for weeks and bullied them into writing something, whether it was meaningful or not.

And tbf, I get a lot of human written gibberish and d-mb questions from risk "partners." If they were replaced by AI, no one would notice the difference.

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Post ID: @a8+1kn6rxqq7

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