“Replace low-value human capital”: The CEO stinker gets to the heart of the ugly truth of AI

“Replace low-value human capital”: The CEO stinker gets to the heart of the ugly truth of AI

By James Thomson
Publication Date: 2026-05-19 23:09:00

A British bank boss’s brutal justification for massive AI job cuts will increase opposition to the technology. It also reminds us what the AI ​​investment boom is really about.