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Bloomberg Analyst: Global Banking Industry to Cut Up to 200,000 Jobs in Next Three to Five Years Due to AI
Jan. 9 (Bloomberg Intelligence) -- The global banking industry is set to cut up to 200,000 jobs over the next three to five years as AI gradually replaces work tasks currently done by humans, according to analysis released today by Bloomberg Intelligence. A Bloomberg Intelligence survey of CIOs and technology officers showed that respondents on average expect to cut about 3% of their workforce. Report author and Bloomberg Intelligence senior analyst Tomasz Notzl noted that back-office, middle-office and operations positions are most likely to be affected. The customer service area is likely to change, and robots will...- 1.8k
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Several Domestic Banks Adopt AI Interviews for Recruitment to Improve Efficiency
According to the Economic Observer, in 2024, branches of Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, Postal Savings Bank, Bank of Communications, Construction Bank, and banks such as Bank of Central China, Hangzhou Bank, Zheshang Bank, and Bank of Shanghai adopted AI interviews to optimize the recruitment process in order to improve efficiency. Based on this, candidates are also forced to cope by buying materials to study in advance, preparing interview scenarios in advance, and even buying AI plug-ins in advance. Relative to real people, AI interviewers are friendlier. Some candidates believe that, compared to real people, AI interviewers are more friendly and have no subjective bias, will not refute, and there is nothing ...- 1.4k
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Humanoid robots will serve as bank lobby managers; China's first scene training base opens in Pudong, Shanghai
According to the official WeChat account of Shanghai Finance, the first humanoid robot bank lobby manager scenario training base in China was officially opened at the Shanghai Pudong Branch of CCB. The bank lobby manager scenario training base is the first commercial bank scenario application training base in the industry. It adopts an open innovative training model for the first time, which will help accelerate the improvement of humanoid robot capabilities and promote the application of key technologies, key products and key scenarios. It is reported that the robots participating in the training have a highly bionic torso configuration and anthropomorphic motion control. Combined with artificial intelligence technologies such as vision, hearing, and voice, scientists can use embodied intelligence reasoning and planning to...- 2.4k
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Citigroup warns Wall Street: Banking will be disrupted in the AI era, and the number of jobs replaced may exceed that of any other industry
According to Bloomberg, Citigroup released a new report on AI on Wednesday, which showed that about 54% jobs in the banking industry are likely to be automated. Citigroup said that AI may replace more banking jobs than any other industry because AI will subvert consumers at the financial level and improve employee efficiency. At the same time, 12% jobs in the banking industry will be enhanced by AI. Since last year, major banks around the world have gradually tried to embrace AI because AI is expected to help banks improve employee efficiency and reduce costs. Citigroup...- 3.4k