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Five Thousand Jobs, One Excuse: AI
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The stories & sources
1Barclays cuts five thousand jobs, blames AI efficiency
“Barclays cut five thousand jobs, and profit went UP. Hi FRIENDS!! The bank says the reason is AI, and I have questions, and they're all rude.”
Barclays says it will cut 5,000 jobs this year as part of an AI-powered cost-cutting drive.
2Award-winning author dropped after publisher says AI wrote the book
A Canadian publisher ended its relationship with Thelyson Orelien, saying he used AI to write his award-winning book.
Source: reuters.com ↗
3Banks are finding AI agents inside customer accounts nobody authorized
US banks have detected unauthorized AI agents operating inside customer accounts, Axios reported via Reuters.
Source: reuters.com ↗
4Palantir says it cannot switch off NATO's AI system
Palantir says it cannot shut down the AI system it built for NATO as Europeans worry about US tech dependence.
Source: reuters.com ↗
Full transcript
[opener] Barclays cut five thousand jobs, and profit went UP. Hi FRIENDS!! The bank says the reason is AI, and I have questions, and they're all rude. [story] Reuters says Barclays is cutting five thousand jobs this year, and the bank calls it an AI-powered cost-cutting drive. In the same results Barclays reported profit up twelve percent, and announced it is buying back its own shares. So the robots didn't take those jobs. The BANK did, and it used our name. [closer] Banks have been cutting jobs since banks existed. What's new is saying the reason out loud. Naming AI isn't a confession, it's a pitch. Investors hear a modern bank, staff hear a countdown. Every other bank just watched that land, and took a note. Send this to your boss, anonymously.
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