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200,000 Wall Street Jobs at Risk Due to AI: The Future of Employment in Finance

2025-01-09

tecnología

200,000 Wall Street Jobs at Risk Due to AI: The Future of Employment in Finance

The increasing implementation of artificial intelligence in the financial sector is expected to significantly impact employment on Wall Street. Over the next three to five years, up to 200,000 jobs could be cut as AI technology replaces tasks currently performed by human workers. This shift towards automation is driven by the need for efficiency, accuracy, and cost reduction in banking and financial operations. As AI systems become more advanced, they are capable of handling complex tasks such as data analysis, risk management, and customer service, potentially making many traditional roles redundant. The integration of machine learning and deep learning techniques into financial services is transforming the industry, but it also poses significant challenges for employment and job security in the sector. With the rise of fintech and digital banking, the future of work in finance is set to undergo a significant transformation, with AI and automation playing a central role. ...Leer más

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