Thread regarding Oracle Corp. layoffs

Goldman Sachs restrict access to advanced AI tools due to less productivity, ROI, and risk management concerns.

interesting topic for layoffs related discussions


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| 33 views | | 6 replies (last 3 days ago) | Reply
Post ID: @OP+1m6zta6zt

6 replies (most recent on top)

it's to have competitive edge that they are dumping some Ai tools

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Post ID: @c2+1m6zta6zt

@ba This is why we should all get ready to be fired. governments will not be able to regulate Ai and people will loosed jobs and majority of young people will be out of jobs. Not all of the population is Tech savvy.

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Post ID: @bm+1m6zta6zt

The tools will mature and get better. At the rate of change in AI by this time next year advanced AI tools will probably be all that they are using. AI isn't a static technology it is advancing at increasing rates. If you think that just because some use case isn't optimized today is a sign that AI is failing you are mistaken.

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Post ID: @ba+1m6zta6zt

If AI could create a 100% profitable investment fund, then 99% of Goldman Sachs' business would disappear.
They are scared of AI if it works successfully.

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Post ID: @b1+1m6zta6zt

@a8 yes that's what it means by advance Ai tools and agents, because it's a security risk for banks and trading, they will keep the basic and and other Ai tools.

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Post ID: @aj+1m6zta6zt

OP, It is interesting how you left out a single word from their statement which dramatically changes it. They said that they restrict access to "some" AI tools.There are probably other non-AI related this they restrict too.

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Post ID: @a8+1m6zta6zt

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