The senate inquiry into the integrity of the Australian consulting industry has taken an integrity hit of its own, with published submissions proposing reform having relied on false claims conjured by artificial intelligence.
With seemingly no end to the scandals engulfing the Australian Big Four accounting and consulting firms, KPMG is now under fire for being complicit in the 7-Eleven wage-theft graft which forced the resignation of a number of its partners, while Deloitte has been accused of advising NAB on its scheme to defraud customers of millions of dollars – except that neither of those things ever occurred.
Rather, they were conjured up by artificial intelligence – generative artificial intelligence to be more precise.
Yet, unfortunately for local lawmakers, the imaginary events weren’t just spat out and deleted following a hypothetical ChatGPT prompt, but submitted as case studies to the ongoing Senate inquiry into the Australian consulting industry, before then being published under parliamentary privilege.
The accountancy academics who lent on Google Bard AI to support their recommendations of regulatory reform have since issued an apology.
However, the comical blunder has presented the Big Four with a golden opportunity to get one back over their tormentors in the Senate. Here, it’s fair to say that the public inquiry – launched in the wake of the PwC government tax scandal – has been marked by a high level of hostility toward the consulting industry, and in...
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