Trend Report

Automation Will Eliminate Most Repetitive And Nonspecialized Jobs In Banking

August du Pont
Dec 10, 2019

Summary

Practical AI building blocks like robotic process automation (RPA), text analytics, and supervised machine learning algorithms will replace workers as banks seek greater efficiency. Roles that allocate staff to projects and relay orders will be less relevant as automation and Agile methods transform the workplace. Jobs that execute on routine tasks and require little disciplinary knowledge will lose the most headcount to automation.

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