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For anyone that works in PwC’s Cyber Risk & Regulatory - Enterprise Risk and Control Services practice, can you please provide detail about your day to day (workload, hrs, team, travel, etc) and experience so far? What opportunities does PwC offer outside of supporting financial audits within the practice. Thank you for the clarification in advance!
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I still believe that AI has some good places. But it’s not really ready for some of the things companies are trying to do with it.
They want it to replace people. Replacing people saves money so they think
AI has the potential to do well as inventory management but I don't think the companies wanting to implement it are accurately trained in a) inventory management, and b) in utilizing AI. I also don't think pre-existing companies can afford to slow their pace to allow an AI to adapt to their speed of service. Food Service inventory moves fast. Generally speaking most restaurants only have enough to inventory for one week of service and that must be monitored and maintained all week long and restocked at the end of the week for the following week. An AI inventory manager would need at least one full year of only monitoring the in-flow and out-flow pace of every single chain location of Starbucks before it could automate with a finite level of accuracy the inventory. Most retail and food service companies can't afford to slow down or even shut down long enough to implement a training schedule for the AI inventory manager. If Companies wish to do this, they need to implement it at the corporate level, to help monitor the company wide in and out flow of product to learn the consumer patterns and make the restocking more efficient keep your big company tech out of the Barista's way. They have 15 people waiting for 15 personalized drinks and don't have time to plug inventory usage into a computer between each drink.