Recent Posts
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28,000 Layoffs a Month: Why AI Is the Convenient Suspect.
Finance is shedding 28,000 jobs a month, Bloomberg reports, and AI takes the blame. The real culprits are unglamorous. Which is why no one reports them.
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The AI Tool Is the Cheap Part. The Rest Isn’t.
Hazel, the AI tool for financial advisors costs $60/month a seat. Being the kind of firm where it actually works costs far more. And almost nobody is that kind of firm.
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AI Bubble Warning Signs: What Bulls and Bears Miss
Will the AI bubble burst? The smartest money on Wall Street can’t agree. But one quiet market signal may warn us before it does.
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The FT Exposed Hallucinations in KPMG’s AI Report
KPMG’s agentic AI report invented case studies. The FT exposed it. UBS confirmed. Here’s what it reveals about true AI adoption in financial services.
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Wall Street Priced the Wrong Risk in AI Financial Advice
Wall Street is convinced AI will replace the $500,000 advisor. Their clients already moved on — to something worse.
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Why Most Private Banks’ Generative AI Pilots Will Fail Their First FINMA Review
Most Swiss private banks’ generative AI pilots are built to impress innovation committees, not survive a FINMA review. Here’s what to do instead.
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When the Compliance Department Designs Your AI Training, This Is What You Get
Banks are mandating AI training that takes ten minutes. Then asking why their employees can’t use AI properly. Here’s why that tells you everything about how banks really think about AI.
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Agent Washing in the Boardroom: The Vanity Metric
Boards and CEOs are measuring AI adoption by counting agents. The result is a lot of agents — and a lot of work that a spreadsheet did better.
