Morgan Stanley Warns AI Could Wipe Out 200,000 Banking Jobs by 2030
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4 Articles
Morgan Stanley Warns AI Could Wipe Out 200,000 Banking Jobs by 2030
If you work in banking, your job security may have recently been called into question.Morgan Stanley has projected that more than 200,000 European banking jobs could disappear by 2030, warning that artificial intelligence and rapid digitalisation are set to transform the sector in ways not seen for decades, according to a report by the Economic Times.The analysis, which covers 35 major European lenders employing approximately 2.12 million staff,…
The labor market is undergoing transformations due to the development of artificial intelligence, automation and process digitization. According to analysts’ projections, seven traditional occupations could show a decrease in demand or cease to exist by 2030. The report, published by *El Diario NY*, highlights the need for workers to adapt to new professional areas. **REDACTION FV Medios**
The accelerated advance of artificial intelligence, automation and digital services is transforming the labor market at an unprecedented rate. Several analysts agree that several traditional jobs could be drastically reduced or even phased out by 2030, forcing millions of people to rethink their professional future. (Read more...) The entry Seven jobs that could disappear in 2030 was first published in Remolacha - Dominican Republic News.
More than half a million jobs at risk and almost seventy professions facing gradual extinction. The Czech labor market is set to undergo revolutionary changes in the next decade, with tens of thousands of people moving between sectors of the economy in search of new jobs. The main role in this development will be played by...
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