Banking Automation 2017: Layoffs Occur as JPMorgan, Wells Fargo, Others Adopt AI

Banking Automation 2017: Layoffs Occur as JPMorgan, Wells Fargo, Others Adopt AI

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Like all other industries, technology is also disrupting the U.S. banking industry. Artificial intelligence (AI) and banking automation are already beginning to take over banking jobs. Insiders are predicting that thousands of banking industry layoffs may follow in the years to come as robots take over the banking industry.

“There will certainly be job disruption…robots will be able to do everything better than us.” That’s what the visionary futurist and famed founder of Tesla Inc (NASDAQ:TSLA) and SpaceX , Elon Musk, predicts about our future. He believes that robots will eventually take away our jobs and governments may have no […]

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