Figures alone are incapable of telling the full story of automation. It’s made up of nuances and exceptions, like what types of jobs will need replacement, and how soon. Industry demands, employee skill level, job training and resource redeployment can vary the outcome.
While automation is changing payments and financial services, is it also possible for automation to go too far—to render employees obsolete?
Automation has no universal effect but it does have a measurable one. This is evidenced by MIT Researcher Daron Acemoglu and Pascual Restrepo of Boston University. Their study observed how robotic automation impacts job reduction. The researchers […]
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