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Tag: forrester

  • AI layoffs or ‘AI-washing’? | TechCrunch

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    How many of the companies with recent layoffs are truly adapting their workforces to the efficiencies and challenges of artificial intelligence? And how many of them were just using AI as an excuse to cover other problems?

    That’s the question posed by a New York Times article on the trend of “AI-washing,” where companies will cite AI as the reason for layoffs that might actually be caused by other factors, like over-hiring during the pandemic.

    AI was the stated reason for more than 50,000 layoffs in 2025, with Amazon and Pinterest among the tech companies who blamed the technology for recent cuts.

    But a Forrester report published in January argued, “Many companies announcing A.I.-related layoffs do not have mature, vetted A.I. applications ready to fill those roles, highlighting a trend of ‘A.I.-washing’ — attributing financially motivated cuts to future A.I. implementation.”

    Molly Kinder, a senior research fellow at the Brookings Institute, noted that saying layoffs were caused by AI is a “very investor-friendly message,” especially when the alternative might mean admitting, “The business is ailing.”

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    Anthony Ha

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  • Gen AI to boost customer loyalty, Forrester says

    Gen AI to boost customer loyalty, Forrester says

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    Financial services providers are exploring generative AI uses for coding, customer service and document automation and FIs are looking to the evolving tech to increase customer loyalty.  Banks can use gen AI to provide personalized services and data-driven offerings to deepen customer relationships, Alyson Clarke, principal analyst at think tank Forrester, told Bank Automation News. […]

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    Vaidik Trivedi

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  • FIs tap quantum computing for payments security | Bank Automation News

    FIs tap quantum computing for payments security | Bank Automation News

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    Financial institutions are exploring the use of quantum tech to optimize operations within payments and security.  Quantum technology can make payments safer through cryptography and by providing secure communications, Lily Varon, principal analyst at think tank Forrester, told Bank Automation News.  “When we think about quantum computing, we think about payments and quantum security in […]

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    Vaidik Trivedi

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  • These Custom Toys Are More Art Than Action Figure

    These Custom Toys Are More Art Than Action Figure

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    Human instinct dictates that when we see a toy, we want to open it. It’s why old toys that are still in their box are so valuable. Everyone who bought them as a child opened and played with them, making ones still in the package much rarer. But what if there were toys that went against that instinct? Toys not meant to be played with. Toys meant to be displayed where the packaging is as much of the experience as the figure itself, if not more so?

    That’s exactly the type of toys artist Adam Perocchi makes. A New England resident and native, under the name “Readful Things” Perocchi makes art in the shape of a toy, package and all. It’s a way for him to explore a love of pop culture, as well as sculpting and painting. “I’ve been painting/drawing since I was a kid [and] I got into sculpting about eight years ago,” Perocchi told io9. “I wanted a way to combine my sculpts with my artwork, so I thought carded action figures would be a good way to marry the two things.” Which he now does almost daily, working on five or six pieces simultaneously, sculpting a figure as well as doing the artwork for the package.

    Perocchi covers all types of subjects, from classic pop culture to new favorites, or even sometimes things that are much more specific. “Occasionally I’ll do some current pop culture internet zeitgeist thingy (Pop Tart being cooked alive, Star Wars Cerveza Cristal, etc), and those will supersede everything else,” he said. In this slideshow, you’ll see a bit of all of it. We’ve hand-selected just a taste of Perocchi’s incredible work, running the gamut of genres, eras, and more. And to see even more, you can visit his Instagram where he showcases most of his work, or his official site, where he occasionally does art without the toy.

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    Germain Lussier

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  • By The Numbers: BNPL fraud attempts jump 211% YoY | Bank Automation News

    By The Numbers: BNPL fraud attempts jump 211% YoY | Bank Automation News

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    Cyberattacks are on the rise, with attempted payment fraud in the buy now, pay later segment seeing a 211% year-over-year increase, attempted payment fraud in fintechs was up 13% in 2022, and payment fraud losses are anticipated to grow 17% YoY to $48 billion by the end of this year.   The increases were revealed […]

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    Brian Stone

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