<![CDATA[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.

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KPMG have now withdrawn the report in full.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

]]>https://forum.fedi.dk/topic/b7b95fd5-8354-4c1c-b8a3-5da44d467abf/kpmg-issued-a-report-citing-all-the-transformational-ways-genai-has-transformed-industry-it-s-been-widely-cited.RSS for NodeMon, 22 Jun 2026 13:14:40 GMTFri, 12 Jun 2026 09:45:54 GMT60<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 14:11:19 GMT]]>@GossiTheDog
From the article:
"Hallucinations are a growing problem across the professional services. Elite law firm Sullivan & Cromwell also admitted in April that a filing it submitted in a bankruptcy case contained numerous AI-generated inaccuracies, including misreadings [sic] of the US bankruptcy code."

I'm sorry, ?! I couldn't open the link.

]]>https://forum.fedi.dk/post/https://kolektiva.social/users/JizzelEtBass/statuses/116737538738941928https://forum.fedi.dk/post/https://kolektiva.social/users/JizzelEtBass/statuses/116737538738941928Fri, 12 Jun 2026 14:11:19 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 14:04:59 GMT]]>@mavnn @GossiTheDog I quote tooted your post, but it's still telling me you have to approve showing the quote.

]]>https://forum.fedi.dk/post/https://infosec.exchange/users/briankrebs/statuses/116737513845483356https://forum.fedi.dk/post/https://infosec.exchange/users/briankrebs/statuses/116737513845483356Fri, 12 Jun 2026 14:04:59 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 14:02:25 GMT]]> naive]]>https://forum.fedi.dk/post/https://hub.kliklak.net/item/3295cc81-4cc3-40cc-8ea5-6975974878ffhttps://forum.fedi.dk/post/https://hub.kliklak.net/item/3295cc81-4cc3-40cc-8ea5-6975974878ffFri, 12 Jun 2026 14:02:25 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:53:21 GMT]]>@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?

]]>https://forum.fedi.dk/post/https://mastodon.social/users/crazyeddie/statuses/116737468074530064https://forum.fedi.dk/post/https://mastodon.social/users/crazyeddie/statuses/116737468074530064Fri, 12 Jun 2026 13:53:21 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:43:26 GMT]]>@GossiTheDog

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".

]]>https://forum.fedi.dk/post/https://hear-me.social/users/Ralph/statuses/116737429130744170https://forum.fedi.dk/post/https://hear-me.social/users/Ralph/statuses/116737429130744170Fri, 12 Jun 2026 13:43:26 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:39:57 GMT]]>@GossiTheDog we're all being grifted here...

]]>https://forum.fedi.dk/post/https://mastodon.gamedev.place/users/kwramm/statuses/116737415422113600https://forum.fedi.dk/post/https://mastodon.gamedev.place/users/kwramm/statuses/116737415422113600Fri, 12 Jun 2026 13:39:57 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:37:52 GMT]]>@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.

]]>https://forum.fedi.dk/post/https://mstdn.social/ap/users/115805170242350900/statuses/116737407250699327https://forum.fedi.dk/post/https://mstdn.social/ap/users/115805170242350900/statuses/116737407250699327Fri, 12 Jun 2026 13:37:52 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:34:48 GMT]]>@GossiTheDog 😂

]]>https://forum.fedi.dk/post/https://mamutovo.cz/ap/users/116288673489103920/statuses/116737395193432574https://forum.fedi.dk/post/https://mamutovo.cz/ap/users/116288673489103920/statuses/116737395193432574Fri, 12 Jun 2026 13:34:48 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:33:47 GMT]]>@bouriquet @compliance @GossiTheDog Don’t forget: AI is generating the snackable summaries as well 😎

]]>https://forum.fedi.dk/post/https://norden.social/users/jewa/statuses/116737391157054880https://forum.fedi.dk/post/https://norden.social/users/jewa/statuses/116737391157054880Fri, 12 Jun 2026 13:33:47 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:28:59 GMT]]>@GossiTheDog Ironically makes it a very good report on the state of the industry after AI.

vOv

]]>https://forum.fedi.dk/post/https://mastodon.social/users/crazyeddie/statuses/116737372294605665https://forum.fedi.dk/post/https://mastodon.social/users/crazyeddie/statuses/116737372294605665Fri, 12 Jun 2026 13:28:59 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:27:45 GMT]]>@GossiTheDog Marking ones own homework! 😜

]]>https://forum.fedi.dk/post/https://mastodon.social/users/djr2024/statuses/116737367432226428https://forum.fedi.dk/post/https://mastodon.social/users/djr2024/statuses/116737367432226428Fri, 12 Jun 2026 13:27:45 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:23:33 GMT]]>@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.)

]]>https://forum.fedi.dk/post/https://mas.to/users/tastapod/statuses/116737350913915199https://forum.fedi.dk/post/https://mas.to/users/tastapod/statuses/116737350913915199Fri, 12 Jun 2026 13:23:33 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:23:01 GMT]]>@GossiTheDog Ironically, if it stops people relying on biased KPMG analysis that would be fairly transformative

]]>https://forum.fedi.dk/post/https://twit.social/users/davidbcohen/statuses/116737348826223325https://forum.fedi.dk/post/https://twit.social/users/davidbcohen/statuses/116737348826223325Fri, 12 Jun 2026 13:23:01 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:17:03 GMT]]>@GossiTheDog Another reason why A.I. is a FRAUD.

]]>https://forum.fedi.dk/post/https://mastodon.social/users/EndicottAuthor/statuses/116737325371256541https://forum.fedi.dk/post/https://mastodon.social/users/EndicottAuthor/statuses/116737325371256541Fri, 12 Jun 2026 13:17:03 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 13:09:26 GMT]]>@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

]]>https://forum.fedi.dk/post/https://mastodon.social/ap/users/116732194245986827/statuses/116737295426935456https://forum.fedi.dk/post/https://mastodon.social/ap/users/116732194245986827/statuses/116737295426935456Fri, 12 Jun 2026 13:09:26 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:54:42 GMT]]>@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?

]]>https://forum.fedi.dk/post/https://mastodon.social/users/bouriquet/statuses/116737237468268873https://forum.fedi.dk/post/https://mastodon.social/users/bouriquet/statuses/116737237468268873Fri, 12 Jun 2026 12:54:42 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:44:28 GMT]]>@lemgandi @GossiTheDog Me too!

]]>https://forum.fedi.dk/post/https://mastodon.nz/users/quixote/statuses/116737197226692760https://forum.fedi.dk/post/https://mastodon.nz/users/quixote/statuses/116737197226692760Fri, 12 Jun 2026 12:44:28 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:42:47 GMT]]>@quixote @GossiTheDog

So Great! Made me laugh out loud.

]]>https://forum.fedi.dk/post/https://mastodon.social/users/lemgandi/statuses/116737190611075806https://forum.fedi.dk/post/https://mastodon.social/users/lemgandi/statuses/116737190611075806Fri, 12 Jun 2026 12:42:47 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:17:15 GMT]]>@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.

]]>https://forum.fedi.dk/post/https://beige.party/users/pattykimura/statuses/116737090242511201https://forum.fedi.dk/post/https://beige.party/users/pattykimura/statuses/116737090242511201Fri, 12 Jun 2026 12:17:15 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:17:01 GMT]]>@GossiTheDog 😂

]]>https://forum.fedi.dk/post/https://mastodon.green/users/priscillaharing/statuses/116737089319585152https://forum.fedi.dk/post/https://mastodon.green/users/priscillaharing/statuses/116737089319585152Fri, 12 Jun 2026 12:17:01 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:16:45 GMT]]>@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.

]]>https://forum.fedi.dk/post/https://mastodon.nz/users/quixote/statuses/116737088287513709https://forum.fedi.dk/post/https://mastodon.nz/users/quixote/statuses/116737088287513709Fri, 12 Jun 2026 12:16:45 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 12:04:26 GMT]]>@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.

]]>https://forum.fedi.dk/post/https://mastodon.social/users/ErikJonker/statuses/116737039816424406https://forum.fedi.dk/post/https://mastodon.social/users/ErikJonker/statuses/116737039816424406Fri, 12 Jun 2026 12:04:26 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 11:58:32 GMT]]>@GossiTheDog

]]>https://forum.fedi.dk/post/https://hachyderm.io/users/tymwol/statuses/116737016628467831https://forum.fedi.dk/post/https://hachyderm.io/users/tymwol/statuses/116737016628467831Fri, 12 Jun 2026 11:58:32 GMT<![CDATA[Reply to KPMG issued a report citing all the transformational ways GenAI has transformed industry, it’s been widely cited. on Fri, 12 Jun 2026 11:54:20 GMT]]>@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.

]]>https://forum.fedi.dk/post/https://mastodon.online/users/sunflowerinrain/statuses/116737000080018794https://forum.fedi.dk/post/https://mastodon.online/users/sunflowerinrain/statuses/116737000080018794Fri, 12 Jun 2026 11:54:20 GMT