AI could displace more finance jobs in banking than any other sector, with 54% having high automation potential and 12% augmentable.
Citi reports that AI is expected to displace more finance jobs than any other sector, with 54% of banking roles having a high potential for automation and an additional 12% that could be augmented with AI technology. The banking industry has been experimenting with AI to improve productivity and reduce costs, with Citigroup planning to equip its 40,000 coders with AI experiment capabilities.
June 20, 2024
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