Artificial Intelligence (AI) news and discussion

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Smart AI Policy Means Examing Its Real Harms and Benefits

The phrase "artificial intelligence" has been around for a long time, covering everything from computers with "brains"—think Data from Star Trek or Hal 9000 from 2001: A Space Odyssey—to the autocomplete function that too often has you sending emails to the wrong person. It's a term that sweeps a...
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Bottom Feeder said:
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Claude Cowork is meant to be like an AI colleague, with the ability to read files, organize folders and draft documents on your behalf. New plugins tailored for specific industries like sales, finance, data marketing and legal launched on Friday. That sent software stocks into a spiral, raising fears that the bread-and-butter software-as-a-service business model that’s driven the tech and digital services industries is now at risk of disruption.
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AI makes mistakes and hallucinates, so no one can rely upon it 100%. There is still going to be demand for human expertise to assess/certify/correct the AI output.

I see AI as the next step beyond first the calculator and then the personal computer - both productivity enhancing tools that were disruptive innovations in their day.
 

Digital employees, AI bootcamps: America’s oldest bank is spending billions on tech​

  • BNY has 134 new so-called “digital employees.” These workers are focused on specific repetitive tasks, which can free up human employees for other duties.
  • The bank spent about $3.8 billion on technology in 2025, or roughly 19% of its revenue – the highest proportion among its peers, according to data collated by CNBC.
  • An analysis by Goldman Sachs identified BNY as one of the companies that could see sizable benefits from artificial intelligence.
At America’s oldest bank, 134 new workers don’t sleep or take sick days. They don’t even have names.

They’re what BNY calls “digital employees.” They work side by side with humans. They have unique roles and are evaluated by how well they do them. Some of their jobs were done by people last year.

“The digital employee works 24/7, which is obviously very different to our human counterparts,” said Rachel Lewis, who oversees nine digital employees in addition to thousands of humans as head of payment operations for BNY. “It’s really focused on very specific repetitive tasks that allow our human employees to do much more human, intense, interesting-type roles.”

More:

www.cnbc.com

Digital employees, AI bootcamps: America's oldest bank is spending billions on tech

The race to integrate artificial intelligence is on among the banks. BNY now has 134 "digital employees," who work alongside humans.
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