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

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

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  • briankrebs@infosec.exchangeB 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.

    troed@swecyb.comT This user is from outside of this forum
    troed@swecyb.comT This user is from outside of this forum
    troed@swecyb.com
    wrote sidst redigeret af
    #23

    @briankrebs

    "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.

    @GossiTheDog

    1 Reply Last reply
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    • gossithedog@cyberplace.socialG 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      KPMG have now withdrawn the report in full.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

      rycochet@furs.socialR This user is from outside of this forum
      rycochet@furs.socialR This user is from outside of this forum
      rycochet@furs.social
      wrote sidst redigeret af
      #24

      @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.

      1 Reply Last reply
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      • gossithedog@cyberplace.socialG 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        KPMG have now withdrawn the report in full.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

        jki@mastodon.socialJ This user is from outside of this forum
        jki@mastodon.socialJ This user is from outside of this forum
        jki@mastodon.social
        wrote sidst redigeret af
        #25

        @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?

        1 Reply Last reply
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        • gossithedog@cyberplace.socialG 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

          sunflowerinrain@mastodon.onlineS This user is from outside of this forum
          sunflowerinrain@mastodon.onlineS This user is from outside of this forum
          sunflowerinrain@mastodon.online
          wrote sidst redigeret af
          #26

          @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.

          1 Reply Last reply
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          • gossithedog@cyberplace.socialG 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

            tymwol@hachyderm.ioT This user is from outside of this forum
            tymwol@hachyderm.ioT This user is from outside of this forum
            tymwol@hachyderm.io
            wrote sidst redigeret af
            #27

            @GossiTheDog

            1 Reply Last reply
            0
            • gossithedog@cyberplace.socialG 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

              erikjonker@mastodon.socialE This user is from outside of this forum
              erikjonker@mastodon.socialE This user is from outside of this forum
              erikjonker@mastodon.social
              wrote sidst redigeret af
              #28

              @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.

              1 Reply Last reply
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              • gossithedog@cyberplace.socialG 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

                quixote@mastodon.nzQ This user is from outside of this forum
                quixote@mastodon.nzQ This user is from outside of this forum
                quixote@mastodon.nz
                wrote sidst redigeret af
                #29

                @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.

                lemgandi@mastodon.socialL 1 Reply Last reply
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                • gossithedog@cyberplace.socialG 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

                  priscillaharing@mastodon.greenP This user is from outside of this forum
                  priscillaharing@mastodon.greenP This user is from outside of this forum
                  priscillaharing@mastodon.green
                  wrote sidst redigeret af
                  #30

                  @GossiTheDog 😂

                  1 Reply Last reply
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                  • gossithedog@cyberplace.socialG 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

                    pattykimura@beige.partyP This user is from outside of this forum
                    pattykimura@beige.partyP This user is from outside of this forum
                    pattykimura@beige.party
                    wrote sidst redigeret af
                    #31

                    @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.

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                    • quixote@mastodon.nzQ quixote@mastodon.nz

                      @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.

                      lemgandi@mastodon.socialL This user is from outside of this forum
                      lemgandi@mastodon.socialL This user is from outside of this forum
                      lemgandi@mastodon.social
                      wrote sidst redigeret af
                      #32

                      @quixote @GossiTheDog

                      So Great! Made me laugh out loud.

                      quixote@mastodon.nzQ 1 Reply Last reply
                      0
                      • lemgandi@mastodon.socialL lemgandi@mastodon.social

                        @quixote @GossiTheDog

                        So Great! Made me laugh out loud.

                        quixote@mastodon.nzQ This user is from outside of this forum
                        quixote@mastodon.nzQ This user is from outside of this forum
                        quixote@mastodon.nz
                        wrote sidst redigeret af
                        #33

                        @lemgandi @GossiTheDog Me too!

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                        • compliance@infosec.exchangeC 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.

                          bouriquet@mastodon.socialB This user is from outside of this forum
                          bouriquet@mastodon.socialB This user is from outside of this forum
                          bouriquet@mastodon.social
                          wrote sidst redigeret af
                          #34

                          @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?

                          jewa@norden.socialJ sarcasmalertmaybe@mstdn.socialS 2 Replies Last reply
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                          • gossithedog@cyberplace.socialG 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

                            O This user is from outside of this forum
                            O This user is from outside of this forum
                            oxo748_hilik@mastodon.social
                            wrote sidst redigeret af
                            #35

                            @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

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                            • gossithedog@cyberplace.socialG 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

                              endicottauthor@mastodon.socialE This user is from outside of this forum
                              endicottauthor@mastodon.socialE This user is from outside of this forum
                              endicottauthor@mastodon.social
                              wrote sidst redigeret af
                              #36

                              @GossiTheDog Another reason why A.I. is a FRAUD.

                              1 Reply Last reply
                              0
                              • gossithedog@cyberplace.socialG 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

                                davidbcohen@twit.socialD This user is from outside of this forum
                                davidbcohen@twit.socialD This user is from outside of this forum
                                davidbcohen@twit.social
                                wrote sidst redigeret af
                                #37

                                @GossiTheDog Ironically, if it stops people relying on biased KPMG analysis that would be fairly transformative

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                                • that_damn_frank@beige.partyT that_damn_frank@beige.party

                                  @GossiTheDog

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

                                  tastapod@mas.toT This user is from outside of this forum
                                  tastapod@mas.toT This user is from outside of this forum
                                  tastapod@mas.to
                                  wrote sidst redigeret af
                                  #38

                                  @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.)

                                  1 Reply Last reply
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                                  • gossithedog@cyberplace.socialG 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

                                    djr2024@mastodon.socialD This user is from outside of this forum
                                    djr2024@mastodon.socialD This user is from outside of this forum
                                    djr2024@mastodon.social
                                    wrote sidst redigeret af
                                    #39

                                    @GossiTheDog Marking ones own homework! 😜

                                    1 Reply Last reply
                                    0
                                    • gossithedog@cyberplace.socialG 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

                                      crazyeddie@mastodon.socialC This user is from outside of this forum
                                      crazyeddie@mastodon.socialC This user is from outside of this forum
                                      crazyeddie@mastodon.social
                                      wrote sidst redigeret af
                                      #40

                                      @GossiTheDog Ironically makes it a very good report on the state of the industry after AI.

                                      vOv

                                      1 Reply Last reply
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                                      • bouriquet@mastodon.socialB bouriquet@mastodon.social

                                        @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?

                                        jewa@norden.socialJ This user is from outside of this forum
                                        jewa@norden.socialJ This user is from outside of this forum
                                        jewa@norden.social
                                        wrote sidst redigeret af
                                        #41

                                        @bouriquet @compliance @GossiTheDog Don’t forget: AI is generating the snackable summaries as well 😎

                                        1 Reply Last reply
                                        0
                                        • gossithedog@cyberplace.socialG 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

                                          petr90@mamutovo.czP This user is from outside of this forum
                                          petr90@mamutovo.czP This user is from outside of this forum
                                          petr90@mamutovo.cz
                                          wrote sidst redigeret af
                                          #42

                                          @GossiTheDog 😂

                                          1 Reply Last reply
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