Thread regarding Citigroup Inc. / Citibank / Citi layoffs

AI is coming..you’re all fired.

Depending on which flavor you use, this bad boy is vetting code, scripts, business proposal, crunching numbers, outlining work flows, streamlining processes, investment decisions (robo investing has been out for a while now depending on the vendor), gauging risk and risk mitigation, etc….

A few years from now, its not out of the realm of impossibility to have it take place of lots of middle management easy. Less front line guys on the payroll as AI is taking over, so less middle mgmt, and what middle mgmt you do have can be trimmed down some even more with AI as a replacement just like with the frontline guys. Giving everyone the ole DTrump……”You’re fired”

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Post ID: @OP+1lQOyKea

4 replies (most recent on top)

I miss AI, i am glad he was able to phone home...your pal Elliott.

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Post ID: @9jav+1lQOyKea

Citi has been working on this for 10 years. Don't worry, they will never get it right.

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Post ID: @gna+1lQOyKea

Things like AI and automation are only as good as the space they are given to work in. Bad work processes and inexperienced staff will get amplified, not fixed. More workers will be needed to fix the mess.

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Post ID: @fmm+1lQOyKea

Oh stop. Innovation means your role will adapt. It gives the opportunity to learn new things and not have the same repetitive tasks every day.

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Post ID: @pir+1lQOyKea

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