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

[gossithedog@cyberplace.social]

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KPMG have now withdrawn the report in full.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

[that_damn_frank@beige.party]

@GossiTheDog

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

[womble@infosec.exchange]

@GossiTheDog because of *course* they did.

[compliance@infosec.exchange]

@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.

[cassitodo@mastodon.social]

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

[grumpydad@infosec.exchange]

@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"

[kensan@mastodon.social]

@GossiTheDog Time between publication and the issues getting flagged…

[fgraf@hachyderm.io]

@GossiTheDog I just wanted to sign up to read it "1€ for 4 weeks", sounds fine

"Then €69 per month." WOAH, okay, important to cancel early enough!!

[circfruit@fosstodon.org]

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

[zackrobbin@mstdn.social]

RE: https://cyberplace.social/@GossiTheDog/116736495067438407

@GossiTheDog
beyond parody

[oliver_schafeld@mastodon.online]

I have a hunch about SpaceX's SEC filing…

[dasgrueneblatt@wien.rocks]

@GossiTheDog https://archive.ph/X4zGK

[noplasticshower@infosec.exchange]

@GossiTheDog collective hallucination aka bullshit

[jarjan@mederland.nl]

@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. In 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!

[marcas@mastodon.ie]

@GossiTheDog [Nelson Muntz laughter]

[sothach@mastodon.ie]

@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.

[briankrebs@infosec.exchange]

@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.

[spzb@infosec.exchange]

@fgraf @GossiTheDog FYI you can usually read FT articles by searching for the URL in archive.is eg https://archive.is/X4zGK

[mavnn@bonfire.mavnn.eu]

@briankrebs@infosec.exchange @GossiTheDog@cyberplace.social You would have thought that the large, er, "thought leading" consulting firms would have been violently anti-AI; verbose sycophancy as a service is basically the whole business model. That and pre-arranged supplier approval with large orgs so that nobody manages to hire any consultants who are actual experts.

[noplasticshower@infosec.exchange]

@briankrebs @GossiTheDog consulting firms are hosed