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jbz
@jbz@indieweb.social  ·  activity timestamp last week

The same McKinsey that predicted that the metaverse would generate up to $5 trillion in value by 2030

"McKinsey Says Bank Profits Face Possible $170 Billion AI Hit"

https://news.slashdot.org/story/25/10/23/1452218/mckinsey-says-bank-profits-face-possible-170-billion-ai-hit?utm_source=rss1.0mainlinkanon&utm_medium=feed

#ai #bubble #aihype

McKinsey Says Bank Profits Face Possible $170 Billion AI Hit - Slashdot

Banks face a hit to their bottom lines of as much as $170 billion if they don't adapt their business models to respond to customers turning to AI to optimize their finances. From a report: The consultancy firm predicted that customer uptake of agentic AI -- effectively autonomous bots -- would hit t...
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Chipotle Axelotl (aka Julian)
@julianlawson@beige.party replied  ·  activity timestamp last week

@jbz to be fair it did generate up to $5T, given that generating $1 would meet that criterion.

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