Discussion
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.
KPMG have now withdrawn the report in full.
https://www.ft.com/content/b3828e92-4961-4b39-84f0-c42f33be3c3f
@GossiTheDog
I never understood this insistence on using AI for LITERALLY EVERYTHING.
@GossiTheDog
Shouldn't the academic credentials of the people be revoked who passed on these falsifications as their own work?
@GossiTheDog I guess this means GenAI has, in the end, successfully boosted KPMG's Streisand Effect skills.
@GossiTheDog The Trump processor now installed in AI computers. Lies and makes things up on the spur of the moment. I wonder what another AI would come up with if asked to validate the original report.
@GossiTheDog self fulfilling prophecy
@GossiTheDog Turns out, you actually can make this shit up!
@GossiTheDog this is going to become a frequent pattern: some person or organization of note publishes a document-shaped object, people and media loudly bleat the touted positive results of the document-shaped object long and hard, up until someone figures out it was slop, and then the withdrawal is done with much less fanfare, and damage already done.
Worth noting that report was out for 9 months before anybody actually challenged it.
Similar with the 80% of ransomware groups use GenAI report from MIT (which I ended up getting removed).. is anybody actually bothering to check the GenAI thing is real?
KPMG and EY aren't, they aren't even reading their own reports as they're busy cashing the cheque like MIT.
@GossiTheDog ah KPMG! - the auditors that signed of HBOS's accounts six months before that bank crashed entirely. The same KPMG whose senior partners forged meeting minutes to which helped hide the collapse of Carillion on their watch. But they faced a £2B lawsuit from the creditors.
A living example of "but who audits the auditors?"
@GossiTheDog I think they're revealing a: that no-one actually read these reports critically before anyway (or maybe just that nobody read them, period), and b: at least in some other cases than this one, that one of the things broken by the chatbots are the foundational chains of trust that enables people to trust presumably well-intentioned output from competent people who either believe it is a good idea to use chatbots, or are forced to use them.
@GossiTheDog I keep saying it, AI boosters are the best salesmen in history
"Is accounting still a profession?"
https://archive.is/SvbLx
https://www.ft.com/content/af62db01-f6cb-47dc-9df5-b4d22258037b
Remember who funds the push for AI accounting & pushes for de-professionalisation of women's careers.
https://www.bizjournals.com/wichita/news/2025/10/15/koch-artificial-intelligence-accounting-ai-startup.html
https://www.desmog.com/2025/12/11/the-koch-network-is-pushing-trump-to-accelerate-ai-documents-show/
Imagine a stock market where the financial statements were produced by AI.
https://abcnews.com/US/trumps-accounting-firm-resigns-financial-disclosures-longer-relied/story?id=82886011
Or an audit or tax return was prepared by AI.
https://en.wikipedia.org/wiki/Trump_v._Mazars_USA,_LLP
Or payroll processing.
https://www.prnewswire.com/news-releases/onramp-secures-15m-to-accelerate-growth-and-scale-ai-capabilities-led-by-koch-disruptive-technologies-302612386.html
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