List of AI News about AI in customer service
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2025-11-09 20:58 |
Commonwealth Bank AI Worker Replacement Fails: Business Impact and Industry Data on AI Layoffs in Banking 2024
According to God of Prompt on Twitter, Commonwealth Bank replaced 45 workers with AI to cut 2,000 calls per week, but after two weeks, rising call volumes and operational strain forced management to rehire staff, revealing limitations in AI-driven customer service (source: God of Prompt, Nov 9, 2025). The situation coincides with reports from Goldman Sachs predicting 200,000 banking jobs could be automated by 2030 and JPMorgan cautioning against new hires, yet recent Federal Reserve survey data shows only 1% of companies actually conducted AI-related layoffs this year (source: Fed survey, 2024). The episode highlights that while AI automation threatens certain tasks, true large-scale job replacement remains rare, and many AI layoff announcements may be used as negotiation tactics rather than genuine workforce reductions. For banking sector leaders, this underscores the importance of measured AI adoption, focusing on augmenting rather than outright replacing human roles, and the necessity to evaluate AI solutions’ real-world performance before scaling. |
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2025-09-12 16:48 |
Apple’s Retail Innovation: AI-Driven Customer Experience at Fritz Farm Store in Lexington, Kentucky
According to Tim Cook on Twitter, Apple’s visit to the Fritz Farm store in Lexington, Kentucky highlights the company’s ongoing commitment to leveraging AI technologies for enhanced in-store customer experience and retail operations (source: @tim_cook). Apple continues to invest in AI-powered retail tools such as personalized shopping assistants, intelligent inventory management, and real-time customer support to differentiate its brick-and-mortar presence. These initiatives not only streamline workflows for retail staff but also offer new business opportunities for AI solution providers targeting the retail tech market. |