Thread regarding Charles Schwab Corp. layoffs

AI is a compliment, not replacement for any roles requiring judgment, accountability, relationship building, negotiation, cultural knowledge, and ability to quickly pivot. AI must be trained continuously - what happens if all roles are replaced? Institutional knowledge remains in stasis? Or worse yet - atrophy? No creativity.

AI can model patterns and preserve knowledge, but it can’t exercise judgment where there’s uncertainty or care about consequences. Financial, tax and estate planning is planning around things like divorce, addiction, family estrangement, litigation risk, family governance - it’s not all about tax code. IMO the replacement hype is for their investors. The firms that will survive won’t be the ones who buy into the replacement of human workers. And if Schwab is “all in”? What happened to “we’re a relationship business”? Wasn’t that the whole basis for RTO?

Pretty sure Rick was created by AI and lacking a soul file

FYI, your writing style of (overusing) parentheses to add contextual words is super unique. Not to discourage you from posting, just be aware that it’s pretty recognizable if you’re really trying to stay anonymous.

@es I need to explain how copilot increases my productivity when all it is good for is optimizing the code complete functionalities that have been in IDEs for over a decade and helping with debugging. Most of my job isn't even spent coding so I don't know why they expect massive efficiency gains.

CoPilot is junk.

@eh False. GitHub Copilot is being pushed aggressively across Workplace Technology groups.

This person doesn’t work at Schwab… Schwab hates AI… just look at what they did to SKA and how they block external AI sites… maybe AI will take over BlueZone … bahahahhaah

“if the job is computer dependent; AI can (and will) take its' place”

Not quite. The people who can use AI will take the place of those who can’t.

Altruist launching hazel has zero to do with Schwab. Hazel is an ai note taker and tax planning tool

And yet, Altruist launched a new AI-integrated suite that significantly undercuts the fees charged by legacy custodians

Menace's pseudo promotion will bring extraordinary AI adoption mirroring mainframe retirement and public cloud adoption!