CommBank winning the Big 4's race to the bottom yet again? The only thing that surprises me about this is that people still bank with them when credit unions and building societies exist 🙄 (The only exception would be international students, backpackers and working holidaymakers, because I hear CommBank's probably the easiest institution for foreign nationals to set up an account.)
this post was submitted on 22 Aug 2025
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Any CEO who says AI would replace staff is pandering to short-term investors. They're not a long-term visionary.
I am currently going through the algebra/calculus used to train LLM's, in order to better write ai agents in my chosen niche.
It remains to be seen exactly what future ai has in terms of eliminating white collar office jobs.
I would be very surprised if LLM's achieved anything approaching AGI in my lifetime (if ever). I would be surprised if LLM's alone got to a point where they could replace white collar office jobs in at least the next decade (but concede it is not impossible at some point). I wouldn't want to bet what might happen beyond a decade either way. I think large parts of many office jobs can be made redundant by ai agents working in conjunction with LLM's now or in the near future. But getting those agents accurate enough is not easy, and still require quite a lot of human intervention.
Any AI toaster/coffee machine/bed you might see available to buy today is just nonsense, presumably the result of companies hyping ai in order to try and return some sort of short term income from the massive capital expenditure.
There will be massive wave of this soon coming to all these asshats who thought "AI" was going to make them more profits. Same shit happened in 90's with off shoring, then again in the 2010's. This is just another dumbass play that will backfire on these profit greedy assholes.
The only way most companies should really be utilizing AI, if at all, should be automating repetitive, well-defined, internal processes so Bob from accounting can go do something actually productive, instead of merging the same 5 excel sheets every day. Attempting to automate the customer interacting side of things with a cold, unthinking, and easily manipulated machine is so insane.
100% agree - we're in the classic Gartner hype cycle where execs jump on tech without understanding it, then reality hits when the tech isn't magicaly ready yet for what they imagned.
Leave it to the banks to be the real ~~salt~~ scum of the earth
Well... Considering that salt renders soil infertile... Not that far off frankly
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... and we'll just go buy some cigarettes now.
Crikey! 😂