"Goldman Sachs, JPMorgan Chase, and Morgan Stanley are seeking artificial intelligence for analyzing securities, and investments and predicting stock prices and portfolios."
https://www.datanami.com/2024/01/12/consumer-watchdog-report-wall-street-ai-could-cause-financial-crisis/
While AI is great, I use it, 50% of it the hype is that its the new buzz word. It reminds me of “ansible” and the same could be said about the “lean process”.
Managers wedged the word “ansible” and “lean process” into every sentence they spoke or wrote. I mean you just could not get enough of using those words. This went on for a year and then just fizzled out.
The same can be said for AI. There are people who had no idea what AI truly meant but all they knew is that they had to adopt the buzz word into all communication. As of right now, you are correct. Everyone believes its the immediate end all be all for any and all problems you can have and we need it right now.
AI vendors have sold a “bag of goods” to execs fooling them that AI could replace human workers efficiently. This may be true by 2070, but not in 2024. Technology has improved but not enough. Look at Tesla EVs failing to charge in freezing weather. The human brain is 100,000,000 times more complex than any AI machine today. Fools