HSBC CEO says AI will destroy and create new jobs, urges staff to embrace change
https://www.reuters.com/business/finance/hsbc-ceo-says-ai-will-destroy-create-new-jobs-urges-staff-embrace-change-2026-05-20/
36 points · 21 comments · view on lemmy.world
21 Comments
RamenJunkie@midwest.social · 10 pts · 85d
Except the "create new jobs" are usually
Jobs at another company (probably, not my (the CEO's) problem anymore)
Jobs that pay 1/4th as much
Jobs that are labor intense that older people can't do.
Etc etc.
OpenStars@piefed.social · 8 pts · 85d
If youse knows whats good for youse, capiche?
-> "you should smile more".
FiniteBanjo@feddit.online · -3 pts · 85d
I tried to search the company name HSBC to figure out what the fuck that is to see if I should care and I honestly couldn't figure it out.
EDIT: How does a private international bank even use AI in the first place?
thanksforallthefish@literature.cafe · 10 pts · 85d
Is this some sort of post-modernist I'm too cool because I'll pretend I'm dumb thing ?
The bank HSBC is literally the first item to come up on both google and duckduckgo on a search for "HSBC" similarly it's whats listed if you type it into wikipedia.
It seems awfully improbable that you actually did a search on a search engine and failed to come up with an answer.
Do I think HSBC and its CEO are someone you should care about ? Hell no. But a 5 year old could manage to successfully search the term.
makeshift0546@lemmy.today · 6 pts · 85d
I'm a millennial. And I've already got the boomer mentality with young adults. I'm not sure if it's my experience or whatever but some of these kids skill or will is just dead and replaced with whatever truth they choose to believe.
thanksforallthefish@literature.cafe · 5 pts · 85d
In fairness the boomers are the leading proponents of it, so you can't blame kids for following role models (assuming OP is a kid is a bit of a leap tbh). Anyway, yes, lack of skill or will is frustrating.
FiniteBanjo@feddit.online · -1 pts · 85d
I shared my experience and a user better than you in every aspect helpfully explained the context I was searching for. It's this "basic communication" thing that non-antisocial living beings use to increase survival odds. Do you need me to explain more than that?
thanksforallthefish@literature.cafe · 5 pts · 85d
Yes, actually, can you explain how you were unable to successfully perform a search of such basic level that a child could do it ? Something that you clearly STATED you had done. Did you ACTUALLY type those 4 letters into a search engine ?
Or were you perhaps too lazy to actually do so ?
The explanation I'd most like to hear though is why you think pretending to be incompetent is a good thing rather than embarrassing ?
FiniteBanjo@feddit.online · -1 pts · 85d
Rhetorical Question, Farley.
You get tons of search results for HSBC but none of mine were about a bank.
thanksforallthefish@literature.cafe · 5 pts · 85d
Really ? And what search engine were you using, because at a quick test via vpn google in USA, UK, NL, MX, and AU all came up with it as the first option.
Or you could you know type hsbc.com into your browser and immediately work it out from the big "online banking" link in the right corner.
To put it another way, I don't believe you.
FiniteBanjo@feddit.online · 1 pts · 85d
Aight
Boingboing_r@lemmy.world · 9 pts · 85d
Professional money launderers for the Cartel. Obscene amounts of money laundering.
vrek@programming.dev · 4 pts · 85d
It's a large British bank
thanksforallthefish@literature.cafe · 2 pts · 85d
https://en.wikipedia.org/wiki/HSBC
"3rd largest non-state owned bank in the world"
"HSBC has offices, branches and subsidiaries in 57 countries and territories across Africa, Asia, Oceania, Europe, North America, and South America, serving around 39 million customers"
It may be theoretically British but it's not one of the biggest banks here and the majority of its activity is overseas (except for the money laundering).
(no I'm not a customer, shareholder or employee)
vrek@programming.dev · 4 pts · 85d
Wow, larger than expected and shows I should do more than a 30 skim of search results. I just saw bank and headquarter in London.
FiniteBanjo@feddit.online · 1 pts · 85d
ty
vrek@programming.dev · 4 pts · 85d
See other response, they are bigger than I thought
FiniteBanjo@feddit.online · 0 pts · 85d
Nah, that user's kind of a dick.
vrek@programming.dev · 1 pts · 85d
Yeah... I just read his other responses in this topic, originally I only read the one he replied to me with which he seemed decent. His other messages here are just toxic and I agree with your assessment.
frongt@lemmy.zip · 2 pts · 85d
You could just read the article because it explains what it is
FiniteBanjo@feddit.online · 1 pts · 84d
This is an attention economy, it is silly to read and watch the entirety of everything in the feed, you would never have time for anything else.