KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited.
-
@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.
@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.
-
@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.
@briankrebs @GossiTheDog consulting firms are hosed
-
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KPMG have now withdrawn the report in full.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 Excellent. Brilliant even.
LOL -
@shelldozer@oldbytes.space Thank you, although I have to honest and say that I think I've heard it used before. Unfortunately I can't remember where, so I'll take a bit of Schrödinger pride in the case that maybe I did coin it on the fly…
-
@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.
"The industry" needs to realize that using LLMs for things that have a binary works/doesn't work scenario (development, some exploit work) is vastly different from producing text that cannot be verified the same way.
-
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KPMG have now withdrawn the report in full.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 '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.
-
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 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? -
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
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.
-
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
-
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 ...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.
-
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 "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.
-
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
-
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 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 "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.
So Great! Made me laugh out loud.
-
So Great! Made me laugh out loud.
@lemgandi @GossiTheDog Me too!
-
@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.
@compliance @GossiTheDog No one reads those reports anyway so if AI generates them with even more crap in them, no one will notice. But the reports will be absorbed in the database for more AI to digest.
What could go wrong? -
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

Ancrer toute affirmation dans source identifiable.
Distinguer le validé, le probable, le spéculatif et l’infondé.
Croiser les disciplines et les époques.
Interroger les biais des institutions et des consensus.
Maintenir une humilité épistémique ne jamais confondre l’absence de preuve avec la preuve de l’absence.
Projeter réflexion dans le futur, intégrant l’incertitude.
méthode
Socrate, Descartes, Montaigne, Kant doit être réactivée à chaque génération les Py se réincarnent -
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 Another reason why A.I. is a FRAUD.
-
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 Ironically, if it stops people relying on biased KPMG analysis that would be fairly transformative
-
Sounds like an entire engagement team is heading "on the beach".
@That_Damn_Frank @GossiTheDog unlikely, sadly, because it has done its job. More likely they will get their sales bonus. Lots of business development, lots of new 'AI' clients because 'UBS uses AI', zero publicity or admission outside of bubbles like ours about how the whole thing was a fraud.
Similar to the UK's Advertising Standards Authority (ASA) telling a company to 'not show an ad again' that is clearly misleading. There is no obligation to issue a retraction or to apply anything like the same publicity to the fact it was a lie, just a tacit admission that _that exact ad_ won't run again. (A similar, equally misleading ad will of course be hot on its heels.)