Artificial Intelligence A CEO of a Bank Just Said Something So Ghoulish About Its Plans for AI That He’s Now in Full Damage Control Mode

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AI has emboldened CEOs to make all kinds of smug declarations that betray their contempt for lowly human laborers.

But Bill Winters, the CEO of the British multinational bank Standard Chartered, said something so viscerally off-putting that he’s now gone into full damage control mode to get the heat off his back.

On Wednesday, he wrote an internal memo to employees attempting to explain away his remark that he would be firing thousands of workers and replacing the company’s “lower-value human capital” with AI.

Yes, you heard that right: “lower-value human capital.” And it clearly didn’t go over well.

futurism.com

A CEO of a Bank Just Said Something So Ghoulish About Its Plans for AI That He's Now in Full Damage Control Mode

Standard Chartered CEO Bill Winters scrambled to defend his earlier remarks about replacing human workers with AI.
futurism.com futurism.com
 
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