ai displacing more jobs in banking than other sectors

upskilling will be key to keeping staff.

by rick richardson
technology this week

according to citigroup inc., artificial intelligence (ai) will likely replace more positions in the banking sector than in any other. technology is going to transform consumer finance and make employees more productive.

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according to citigroup’s most recent ai assessment, roughly 54 percent of banking professions might be automated. ai technology has the potential to enhance an additional 12 percent of jobs within the business.