Intel will outsource marketing to Accenture and AI, laying off many of its own workers

[DanX]

I asked if that will that mean we will need 30-50% less people?

This means that the intensity of competition has increased by 30-50%, and the level of involution has become more intense by 30-50%.

 

[XYang2023]

 

[Daniel Nenni]

I spoke to a senior programmer at one of the four largest banks in Australia. He said that even with basic use of LLMs (for answering questions and generating some code), they’ve already achieved a workload reduction from two people to about one.

I’m not sure about marketing, but I assume similar efficiency gains are achievable.

I think what Accenture will do initially is some form of integration—combining various services and local models. Over time, Intel should aim to reduce its dependency on Accenture. But at the start, it's acceptable since this is a new approach.

So, if they can achieve half the work with LLMs, and another half through integration and automation, that would be an 80% reduction in work.

My wife works for one of the largest banks in America and is seeing the same inside their support structure. Fewer people, less mistakes, and faster results. AI is well suited for banks with rigid rules and unstable management. Management seems to change like underwear.

 

[siliconbruh999]

Well but have you thought that who is going to manage the LLMs in a company with confidential data so i guess some more jobs would be created for someone overseeing this