2024-06-20 11:40:39.AIbase.9.7k
Citigroup Says: AI Could Replace More Jobs in Finance
According to Citigroup, artificial intelligence has the potential to replace more jobs in the banking sector, more so than in other industries. This technology is expected to disrupt consumer finance and enhance workers' productivity. Based on a new report on artificial intelligence released by the bank on Wednesday, about 54% of jobs in the banking industry have a high potential for automation, while an additional 12% of positions could be augmented by this technology.