The majority of AI deployment in businesses could have been avoided, if more attention had been placed on good communication. LLMs don't yield better communication or corporate writing, just more of it, because no one in business seems to understand the value or have the ability to recognize good writing.
But this is an old trend with technological developments. Thanks to e-mail, most people handle much or all of their own correspondence. There used to be specialized staff for that. They were very good at it! But they were shown the door once they ceased to be strictly necessary, and now we all waste a bunch of time fiddling with Outlook instead of doing our actual work.
I assume you meant "now" instead of "not": "The person who used to edit things for me has now been replaced,"
Thank you for saying the first part. It truly boggles the mind to see how badly most organizations communicate, even those with professional staff tasked with communications.
Regarding the second part: AI/LLM usage will lead to improvements for some people/organizations, if only for the simple reason that it removes barriers to communications. All of a sudden city hall or a third-tier supplier can quickly update their websites in multiple languages, process email communications more quickly, and empower staff who weren't good writers.
That's the part I question. You have to be a really good communicator to put yourself in the place for the reader and adjust your language to your target audience. So much of "professional" communication fails because the language assumes that the recipient is knowledgeable or even just interested. If you can't communicate effectively on your own, I doubt that you can prompt the LLM to do it for you. It's going to be very much like development, if you're a skilled developer, LLMs are a massive boost to your productivity, but if you can't code, you're just producing garbage.
AI is going to produce an increase in communication, but that is not what we need. We need better and more targeted communication. AI doesn't need to help with the targeting, we can already do that, and do it cheaper than an LLM, and again, I don't believe the majority of people are able to prompt the LLM to generate better communication, because they don't know what that looks like.
The same is not true for trading equities, they are not zero sum. There are dividends, buybacks, companies will sometimes spin off a part or parts as separate companies that you get newly issued shares of stock from (GE splitting into parts is a recent example), public companies get taken private at a premium to the market price, etc.
"I will buy y tons of corn from you in April for £x" - now I don't have to worry about how much my corn will cost and you don't have to worry about what your income will be.
These folks compete in a reasonably zero-sum game.