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Are financial services jobs at risk because of AI?

May 17, 2018

AI Chart for blog

With adoption of AI on the rise, are human financial services jobs at risk? Research indicates the perceived threat remains relatively low. A Coleman Parkes study revealed that only 35 percent of financial services employees surveyed were concerned about losing their job if AI was introduced in their organization. In fact, 65 percent felt AI could simplify internal processes and 57 percent felt it could help balance their workload (see chart above). By coupling AI with people to change the way their people work — and the type of work they do — financial services institutions can improve workforce efficiency, flexibility, and compliance while enhancing the customer experience.

Learn more about this and other interesting technologies available for the mainstream today in a new Kronos white paper titled, Robots vs. Reality: Innovative Technology for Today, Not Tomorrow. Download now and/or register for a live webinar taking place next week on the same topic.

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