This level of reaction only comes when someone steps in shit. So, there likely was some large leak or “mistake” that has the potential to get out and this is part of either covering up or reducing how bad they look.
Their support probably has a big pile of horror stories from their clients by now, it can be an indirect source of concern.
This happens when there's something that is more important than being the cool manager that's following the latest hype.
how much historical anecdote do we need to recollect before it's realized that the finance industry as a whole, but most especially the stuff that is US-centric, refuses to change course unless they're: 1) unprofitable 2) regulated.
the only reason they moved on this was because it was noted somewhere by someone that matters that the risk imposed could cut into profit or impose a regulatory hammer.
those are the only possible reasons for corporate movement in finance.
It could also be unprofitable due to the speed-up factor the AI is providing to the workforce being lower than the costs.
Well, the billions recently stolen from Binance is a sufficiently large quantity of shit even for the scale of Goldman Sachs.
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