According to Citigroup, artificial intelligence has the potential to replace more job positions in the banking sector than in other industries, making it particularly prominent. This technology is expected to disrupt consumer finance and enhance the efficiency of workers. According to a new report on AI released by the bank on Wednesday, about 54% of job positions in the banking sector have high automation potential, and another 12% can be enhanced by this technology.
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This report reveals the profound impact that AI may have on the financial industry. It is reported that this technology will pose potential risks to many job positions in the banking sector, as automation and intelligent technologies are expected to replace repetitive tasks with low human demand. On the other hand, AI technology will also bring higher work efficiency and productivity to the banking sector, thereby bringing positive impacts to the entire industry.
Although the development of AI technology may bring about a certain degree of job adjustment in the banking sector, it also presents new opportunities and development space for the industry. With continuous technological innovation and application, the banking sector will face new challenges and changes in talent structure and business models. Therefore, practitioners in the banking sector need to continuously enhance their comprehensive qualities, actively adapt to and seize the changes brought about by AI technology, in order to better adapt to the new trends of industry development.