The article in the WSJ talk about the new "digital employees". These may soon be your new manager or co-worker -- if you were at a real bank. titled https://www.wsj.com/articles/digital-workers-have-arrived-in-banking-bf62be49 However, I feel the command and control management of Wels Fargo will fight this AI technology -- just as it fought agile, and team work. This bank fears technology and thus they go from one tech boondoggle to another. Well we will soon find out won't we?
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This is just a cutesy name for Agentic AI.
Entry level tech workers are already being impacted pretty significantly by this.
@OP Wels? I guess one of the Ls got displaced!
Red herring pedantry.
@a6 this is a good take. Only high IQ people will benefit from it. You need to have enough capacity to evaluate outputs when a system is non-deterministic.
The people who can’t even spell their employer’s name are the ones at risk of being replaced by “AI”
BNY is granting logins to AI employees.. i bet regulators will be in love with that. They should sandbox and have access via secure API's, granting user-level credentials is just such a bad idea, remind me not to work at BNY. These aren't AI employee's either, its just more complex automation. Even JPM CIO says its a metaphor. What's happening is they're just shifting the workload to more auditing, debugging bad code, watching guardrails, and doing model updates. Like all recent AI hype, BNY is trying to say they're going to need less employees, instead of a 1000 Indians you're just going to need one pale white boy with a high IQ. I think that's the course that will play out.