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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    KPMG have now withdrawn the report in full.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

    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! 😜

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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

          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

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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 😎

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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

              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 😂

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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?

                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.

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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

                  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...

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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

                    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".

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                    • 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?

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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

                        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
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                        0
                        • mavnn@bonfire.mavnn.euM mavnn@bonfire.mavnn.eu

                          @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.

                          briankrebs@infosec.exchangeB This user is from outside of this forum
                          briankrebs@infosec.exchangeB This user is from outside of this forum
                          briankrebs@infosec.exchange
                          wrote sidst redigeret af
                          #48

                          @mavnn @GossiTheDog I quote tooted your post, but it's still telling me you have to approve showing the quote.

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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

                            jizzeletbass@kolektiva.socialJ This user is from outside of this forum
                            jizzeletbass@kolektiva.socialJ This user is from outside of this forum
                            jizzeletbass@kolektiva.social
                            wrote sidst redigeret af
                            #49

                            @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, #WTH ?! I couldn't open the link.

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                            • pelle@veganism.socialP pelle@veganism.social shared this topic
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