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π° **AI in focus as Standard Chartered Bank replaces βlower value human capitalβ, slashing back office workers by 15%**
The announcement of stiff job cuts at Standard Chartered reignites fears of sweeping changes in th employment market caused by automation and widespread adoption of AI to perform tasks previously the responsibility of humans.
π https://www.marketwatch.com/story/ai-in-focus-as-standard-chartered-bank-replaces-lower-value-human-capital-slashing-back-office-workers-by-15-bd147174?mod=mw_rss_topstories
#markets #news
The announcement of stiff job cuts at Standard Chartered reignites fears of sweeping changes in th employment market caused by automation and widespread adoption of AI to perform tasks previously the responsibility of humans.
π https://www.marketwatch.com/story/ai-in-focus-as-standard-chartered-bank-replaces-lower-value-human-capital-slashing-back-office-workers-by-15-bd147174?mod=mw_rss_topstories
#markets #news