Standard Chartered CEO Winters on AI's impact on employment: Fear is real; training is the solution
Standard Chartered CEO Winters says the banking sector's fear of AI is real. Over the past 11 years, the bank has maintained a workforce of 100,000 employees while automation eliminated 25,000 jobs and created new roles. By 2030, more than 15% of back-office support positions will be cut, but the bank promises training programs and retraining for affected staff.
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- Standard Chartered CEO Winters on AI's impact on employment: Fear is real; training is the solution
- Standard Chartered CEO Winters on AI's impact on employment: Fear is real; training is the solution
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