Thread regarding Wells Fargo & Co. layoffs

Realistically, how long until you are replaced with AI?

6-12 months?

What areas are toast first?

Seems like anyone that does repeatable tasks (monthly/quarterly reporting, etc.) can be easily replaced.
We are training AI to update models and model documentation, so eventually we won't need model owners.
Soon we'll be training AI to validate the models, so we won't need model validators.
AI is combing through our data to find improvements (i.e. automation (aka workforce reduction) ).
I've watched demos here at work where AI is writing hundreds of lines of code in real time with some simple prompts for a fraction of the cost of an army of developers.
Even the cafeterias are reducing workers. It's all self checkouts and order kiosks now.

So how long do you think you have until you are replaced?


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| 68 views | | 17 replies (last 10 days ago) | Reply
Post ID: @OP+1m00q8z07

17 replies (most recent on top)

Never. Ain’t no computer gonna be able to

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Post ID: @16s+1m00q8z07

I use copilot daily for my work. I see its benefits and its flaws. I am a business control manager (BCM). I think it’s going to be several years before AI take most roles in this space, providing it will succeed. I have the paid version of copilot, thought it has helped me administratively exponentially, the need for human judgment is still much needed. It hallucinates too much right now. It’s a great assistant but a terrible decision maker. It analyzes and produces what seem like sound answers, but when you ask it to double check its work it spits out different results even though no new info was fed. What will decrease jobs in this space is the ongoing deregulation.

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Post ID: @wv+1m00q8z07

I used AI once to help me figure which antidepressants I should be on to deal with working here but that’s about it. Didn’t bother using copilot for that either

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Post ID: @s5+1m00q8z07

your call is very important to us. could I please have your account number or identity theft please?

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Post ID: @rw+1m00q8z07

I don’t know how much time people are spending on AI but my experience has been that AI does not produce a quality output on a consistent basis. Would love to hear what others experience has been?

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Post ID: @q4+1m00q8z07

Expect the Business Execution Consultants ls to be heavily cut within six months. Process, product, project…

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Post ID: @kb+1m00q8z07

The irony is that I got laid off from Wells Fargo partly because AI can do everything only to get hired by an AI company at a much higher pay to help fix the slop.

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Post ID: @jk+1m00q8z07

Realistically 1-2 years at the current pace. All we hear in WIM from Risk is do detailed scout reviews so AI can learn it. Thankful AG is such a cluster of incorrect info and problems they keep finding. They are reportedly rolling out advisor gateway AI in Q1 next year.

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Post ID: @j5+1m00q8z07

The sky is fallin the sky is falling! AI is the new Y2K. SMH

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Post ID: @da+1m00q8z07

They're trying to replace all the process engineers (that they've already canned) with AI tools. I've seen the outputs and it's like 90% fluff, but it looks impressive to the managers who aren't heads down in the details anyway. Once we build our prompt library to a level the managers feel like they can run it themselves with just India assistance, I'm sure I'll be getting the boot, which I'd welcome.

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Post ID: @bs+1m00q8z07

In complaints, they keep pushing 2.0 with ai integration. I assume that they will do what they do best and release is unfinished, lay off more people and expect the remaining complaints management employees to pick up the slack for AI’s and loss of employees

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Post ID: @bk+1m00q8z07

Stuff I see coming out lately make me very scared for my job as software dev

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Post ID: @ba+1m00q8z07

In tech i would be worried in support and testing groups

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Post ID: @ay+1m00q8z07

wow, you cannot even type bang ? Yep, we're all sc--wed (that'll get bleeped by the AI bots - it's all too late now). Sit back and enjoy the ride like Slim Pickens in Dr Stranglove

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Post ID: @ax+1m00q8z07

Well, I think..........oops, wait a minute, there is a knock on my door.....now, it's a loud ba----g and he keeps saying "Open the door Sarah Connor" - should I open it ?

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Post ID: @aw+1m00q8z07

I'm hoping to get my tin parachute on Tuesday. They're nowhere near replacing my job with AI, I just want out of this place with a package to cushion the transition.

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Post ID: @a2+1m00q8z07

I hope and pray soon
I mainly work on Hogan and there has got to be a way for AI to do my work!!

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Post ID: @a1+1m00q8z07

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