HSBC CEO says AI will destroy and create new jobs, following StanChart’s Plan to cut 7,000 Jobs
Two of Asia-focused banking giants, HSBC and Standard Chartered, delivered clear messages this week on the disruptive power of artificial intelligence in the financial sector, highlighting both the opportunities for productivity gains and the inevitable reshaping of jobs. On Wednesday, HSBC CEO Georges Elhedery openly acknowledged that generative AI will destroy certain roles while creating […]
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