AI is a dead end but it will take a few years maybe a decade before its obvious to the mainstream.....its best use is automate tasks the learning (LM) side is where all the hype sits though....LM never ever going to replace the human brain that's just the hype machine working overtime!
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Yep sounds exactly like where I worked they had loads of poorly paid IT staff from the big indian outsourcers...many got paid £25-30K LOL yet they were being charged out at £500 ish a day.....replacing perms on £75-80K plus benefits + bonuses!
Most of the london based ones had to constantly...
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Its all outsourced nowadays all the big indian firms have pretty much all of the banking business in both the square mile & canary wharf. Last year the banks made tens of thousand of perm IT, back & front office workers redundant in canary wharf alone.
Saves them a lot of money...
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