“Global banking giant HSBC Holdings Plc is considering significant job reductions in the years ahead, as CEO Georges Elhedery bets on artificial intelligence to downsize middle and back offices, Bloomberg reported. The greatest impact is anticipated to be seen among non-client-facing positions in global service centers, but the evaluation is only in an early stage, according to…
Month: March 2026
Measuring progress toward AGI: A cognitive framework
“Deconstructing general intelligence. Our framework draws on decades of research from psychology, neuroscience and cognitive science to develop a cognitive taxonomy. It identifies 10 key cognitive abilities that we hypothesize will be important for general intelligence in AI systems…” Read more >>
Credit Unions and Banks Face a Common Relevancy Fight
“Is there a future for grass-roots community financial institutions in a world of constant digitization, scaling fintechs, explosive AI adoption, and the future tokenization of all financial assets?” Read more >>
AI SAYS IT’LL K### TO SURVIVE – HERE’S ITS REASONING BEHIND THAT DECISION
“In simple terms, misalignment is an event where an AI agent engages in unprecedented risky behavior in order to avoid being replaced or fulfill its goal at all costs. Misalignment is a risk, but for an average AI use case scenario, the AI model doesn’t need to deal with a do-or-die situation. Most of the…
Shopify is preparing for AI shopping agents to change everything, exec says
“‘We’re still going to be influenced by the people we see, the people we watch on social media, on television, but I think the chat application is actually a more authentic personal shopper because it’s generally not on commission,’ he said, ‘meaning it’s only going to show you the things it thinks you are most…