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by vouaobrasil 670 days ago
> a human analyst has to conduct extensive manual verification a lot of the time. This causes long onboarding times, and there are huge costs in maintaining compliance teams and in fixing mistakes—because human analysts often deviate from procedure.

What about the ones that don't deviate from procedure. What happens to the human analysts who do a good job? Are they automated away? AI has so many applications, it seems like the automation is becoming a game, where people are on the race to automate to save only to hope that they aren't automated away themselves.

I'm all for saving time -- heck, I'm a programmer myself and have automated a lot of random stuff. But I wonder if these AI applications are going beyond the optimal amount of automation and pushing too many people out of an opportunity to contribute to society.

2 comments

The compliance analysts that we have spoken too feel stretched too thin with a huge backlog of cases. We free them up from having to do menial document verification for low risk companies so they can spend more time on the more interesting high risk work.
That is just the first step -- we both know the next step is replacing them entirely, and you would if you could.
Of course they are, but automating people out of low level work frees people to do higher value things in society... Besides this concern isn't about this startup but AI in general.
That is such a myth. Only a few people are capable of higher level things in society. Not everyone can or wants to be an artist or composer.