The AI revolution is here but it's still ‘pretty nascent' and ‘a little clumsy', private equity firm managing partner says [Fortune]
Kontoor Brands, Inc. (KTB)
Last kontoor brands, inc. earnings: 3/5 06:50 am
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Source: Fortune
That's according to Isabelle Freidheim, the founder and managing partner of venture capital and private equity firm Athena Capital, who spoke on a panel at the Fortune Global Forum conference in New York on Monday. “AI is still pretty nascent,” Freidheim told Fortune's Alex Wood Morton on stage. “Of course there's a large set of opportunities going forward, but it's still a little clumsy now.” Freidheim still sees the flaws in AI, such as the text that it produces. “Up to a certain extent, when we have applicants for a job sending us a writing sample, we can tell pretty quickly when it's AI.” Freidheim said. “AI has a certain style to it.” Asked whether AI is at the point of genuine human replacement, even in more rote jobs or simple capacities, Freidheim said no, definitively. “We're not there yet, but when we are there, we're not replacing jobs, just changing the jobs.” But what the panelists agreed on is the potential AI can bring to the workforce once the kinks are worked
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KTB
Earnings
- 10/31/24 - Beat
KTB
Sec Filings
- 12/23/24 - Form 4
- 12/16/24 - Form 4
- 12/6/24 - Form 15-15D
- KTB's page on the SEC website