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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.

    noplasticshower@infosec.exchangeN This user is from outside of this forum
    noplasticshower@infosec.exchangeN This user is from outside of this forum
    noplasticshower@infosec.exchange
    wrote sidst redigeret af
    #20

    @briankrebs @GossiTheDog consulting firms are hosed

    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      KPMG have now withdrawn the report in full.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

      flowerpot@mas.toF This user is from outside of this forum
      flowerpot@mas.toF This user is from outside of this forum
      flowerpot@mas.to
      wrote sidst redigeret af
      #21

      @GossiTheDog Excellent. Brilliant even.
      LOL

      1 Reply Last reply
      0
      • mavnn@bonfire.mavnn.euM This user is from outside of this forum
        mavnn@bonfire.mavnn.euM This user is from outside of this forum
        mavnn@bonfire.mavnn.eu
        wrote sidst redigeret af
        #22

        @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…

        @briankrebs@infosec.exchange @GossiTheDog@cyberplace.social

        1 Reply Last reply
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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
              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

                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
                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

                  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.

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                    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
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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.

                          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
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                            • 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
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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

                                  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
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