I find it absolutely hilarious how a lot of the financial institutions haven’t even perfected their current technology infrastructure but now trying to run in the AI Race to who knows where.

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It is kind of ironic. A lot of firms are still dealing with clunky systems and messy data, and now they’re jumping into AI like it’ll magically fix everything. Hard to build anything “smart” on top of a shaky foundation.

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Someone gets it

Updated and perfected, their tech is seen as an expense. But AI is seens as a way to cut jobs and save money.

Wow great point—I hadn’t thought of it like this before

It is ironic that many financial institutions are rushing into AI while their existing technology infrastructure still has gaps. Without a solid foundation, adopting new AI tools can create more problems than solutions. Focusing on strengthening current systems first would likely make their AI initiatives more effective.

Can’t agree more

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I saw that oracle layed off a ton of people and will use the cost “savings” to pour cash into AI investment. Lots of companies are taking out huge amounts of debt to for it. We’ll see how it shakes out.

Wow—that’s unfortunate. Things are happening much faster than I expected

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