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Why AI Isn’t Coming for Your Banking Job - NGDATA

Written by Jenn Day | Jun 13, 2024 8:17:44 PM

Read the Financial Brand article here.

Here is a brief summary:

  • AI Concerns: 75% of workers fear job obsolescence due to AI.
  • Current Impact: Minimal changes in community banks due to older customer base.
  • Future Adoption: Millennials and Gen Z will normalize AI use.
  • Task Automation: AI will replace tasks, not entire jobs.
  • Workforce Shift: Need for tech skills will grow, offering new career opportunities.
  • Positive Outlook: AI is expected to augment jobs, making work more efficient and impactful.