Not to mention, it doesn't actually create the productivity promised at the lower rates promised. The most enthusiastic proponents are middle-management, not actual doers.

It's an expensive route to mediocrity, which doesnt offer an edge in a market where everyone is using the same snakeoil.

They got way over their skis on this one. There's a difference between "impressive" tech vs. "operational" tech. That difference usually boils down to prioritizing engineering rigor over marketing.

Unreliable mediocrity, because you simply can never be sure when the damned thing lies/hallucinates unless you double-check everything.

So now you're wrangling an "AI" system and you're doing most of the work you would have had to anyway. ...And when you don't it can get really embarrassing.

https://www.abajournal.com/news/article/elite-wall-street-la...

Not the first time, surely not the last. The problem is that so much money is tied up in this thing, and the moment the music stops the bag holders are going to be utterly doomed.