@GossiTheDog The AI fox hired to write a report on why the AI fox excels at guarding the actual henhouse. Funded entirely by actual hungry greedy trillionaire foxes.

This is so remarkably stupid, and utterly predictable. Musk is betting on "too big to fail" to keep him out of jail and afloat. Let's promise to Bernie Madoff and ENRON Musk and all his ilk.

@GossiTheDog 😂

@GossiTheDog "KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited.

One minor problem: it turns they used AI to write the report, and it made up all of the evidence. "

You could not make this stuff up. At least, I couldn't. Just not enough imagination.

@GossiTheDog ...the wrong conclusion is that AI will not fundamentally change things, the right conclusion is that KPMG and EY are totally unreliable companies that shouldn't be hired after this and earlier scandals.

@GossiTheDog
Their "AI" appears to have been even more successful at making up stuff than their humans used to be (don't ask for my evidence on the reliability of KPMG reports, I signed some kind of NDA).

They always did good presentations and excellent lunches, though, according to the senior managers of their clients.

@GossiTheDog And that's why we pay big bucks to these big consulting companies, because they are really big and they are really good at consulting and research.
Oh...again?

@GossiTheDog 'AI is great!' says report written by an AI for an audience of people who really want AI to replace employees. It's impressive how they've found a way to be dumber than the 'billionaires are great' op eds, written by millionaires paid by billionaires, published in papers owned by billionaires.

@GossiTheDog par for the course

@GossiTheDog The only fittingly shambolic sequel is where UBS learns that they have a shadow IT problem and, empirically, they have integrated AI agents across investment advisory, risk management and compliance monitoring; and maybe having someone's pet openclaw setup handling risk and compliance is not good.

@GossiTheDog Excellent. Brilliant even.
LOL

@GossiTheDog Kind of makes one wonder whether the consulting firms have a future if they are just relying on AI to produce their own reports. OTOH, this story isn't exactly a ringing endorsement of that replacement.

@GossiTheDog

I love this for them.

@GossiTheDog AI doesn't hallucinate. That is just a marketing ploy to try and suggest it is in some way conscious (it isn't and never will be). It is the people unthinkingly using it that are deluded.

@GossiTheDog 🤪😂
So some will continue to trust this kind of company ?

@GossiTheDog [Nelson Muntz laughter]

@GossiTheDog
We really need to get rid of the term "Hallucinations". It's an algorithm spewing nonsense. It's a bullshit generator spewing bullshit. It's a chatbot trained to serve up crap that sounds plausible. I short, it's a tool that does exactly what it's designed to do.

And the people who published this monstrosity should not be able to hide behind the tool they used!

@GossiTheDog collective hallucination aka bullshit

I have a hunch about SpaceX's SEC filing… 😑

@GossiTheDog 😂 99% of big four can be replaced by AI.. with proper guardrails

@GossiTheDog Time between publication and the issues getting flagged… 😅

@GossiTheDog This has gone so far that I think we're going to have to change the old "It was DNS" to "It was AI hallucinations"

@GossiTheDog More people need to hear this! I can't believe the amount of BS in the news about "AI".

@GossiTheDog is his where we head with the reliabiloty of the worlds third line of defence? This is dystopian. Nothing matters, financial statements get partly checked only, stock reports might include hallucinations.

@GossiTheDog because of *course* they did.

@GossiTheDog

Sounds like an entire engagement team is heading "on the beach".