Which industry’s job market will be most impacted by artificial intelligence (AI)? According to a new report by Citi , a little more than half — 54% — of jobs in the banking sector have a higher potential for automation, while another 12% could be augmented by AI.
“AI-powered clients could increase price competition in the finance sector. The balance of power may shift,” the banking giant said in the intro to the report. “AI may be adopted faster by digitally native, cloud-based firms, such as FinTechs and BigTechs, with agile incumbent banks following fast. Many incumbents, weighed down by […]
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