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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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  • 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    KPMG have now withdrawn the report in full.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
    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      KPMG have now withdrawn the report in full.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

      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
      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

        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
        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

          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.

          1 Reply Last reply
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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!

              1 Reply Last reply
              0
              • 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
                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

                  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

                  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

                    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

                      1 Reply Last reply
                      0
                      • 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
                        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

                          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
                            0
                            • 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
                                0
                                • 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?

                                  sarcasmalertmaybe@mstdn.socialS This user is from outside of this forum
                                  sarcasmalertmaybe@mstdn.socialS This user is from outside of this forum
                                  sarcasmalertmaybe@mstdn.social
                                  wrote sidst redigeret af
                                  #43

                                  @bouriquet @compliance @GossiTheDog
                                  100% what they wanted. Says they pulled the report from "some" of their websites. So they appease some skeptics and fools. Rinse repeat, and soon the lies are homogenized.

                                  Similar to AI spitting out art-slop for prints 24/7/365 and putting it in front of people to find out what is ignored or accepted. Then deleting the art-slop least shared or sold.

                                  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

                                    kwramm@mastodon.gamedev.placeK This user is from outside of this forum
                                    kwramm@mastodon.gamedev.placeK This user is from outside of this forum
                                    kwramm@mastodon.gamedev.place
                                    wrote sidst redigeret af
                                    #44

                                    @GossiTheDog we're all being grifted here...

                                    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

                                      ralph@hear-me.socialR This user is from outside of this forum
                                      ralph@hear-me.socialR This user is from outside of this forum
                                      ralph@hear-me.social
                                      wrote sidst redigeret af
                                      #45

                                      @GossiTheDog

                                      #alttext

                                      A KPMG report on how Al is being used by businesses across the world exaggerated adoption of the technology with bogus case studies that appear to have been based on AI hallucinations.
                                      The October report, "Redefining excellence in the age of agentic AI", made numerous false claims about the use of AL by organisations including the Swiss bank UBS, the UK's National Health Service and the public transit groups Swiss Federal Railways and Transport for London.
                                      The inaccuracies were identified as AI hallucinations by the research group GPTZero and verified by the FT. After being alerted to the issue, UBS said it would ask KPMG to remove the false claims, and the Big Four firm on Thursday pulled the report from some of its websites.
                                      The discovery is the latest in a number of apparent AI hallucinations in reports by professional services firms and follows EY's retraction of a study last month over fake footnotes and other errors identified by GPTZero.
                                      The KPMG report claimed global wealth manager UBS "integrates Al agents across investment advisory, risk management and compliance monitoring".

                                      1 Reply Last reply
                                      0
                                      • 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
                                        #46

                                        @shelldozer @mavnn @briankrebs @GossiTheDog

                                        OK. What's a good business name that somehow involves "Derp" and/or "Herp" that offers boutique sycophancy services that don't use AI?

                                        Herp de Derp Enterprises doesn't AI.

                                        What's a good rate? Should it charge by the hour or by ego milestone?

                                        You think there would be a good market pairing with "Derpdy Dew Lawn Services"? Maybe a package deal?

                                        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

                                          jrp@hub.kliklak.netJ This user is from outside of this forum
                                          jrp@hub.kliklak.netJ This user is from outside of this forum
                                          jrp@hub.kliklak.net
                                          wrote sidst redigeret af
                                          #47
                                          naive
                                          1 Reply Last reply
                                          0
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