Sunday, September 10, 2017

Deutsche Bank will replace many bankers into AI

It is an expected, but fearful report. Deutsche Bank will perform restructure and replace a considerable amount of employees to an AI.

International Business Times: Deutsche Bank will turn to AI and cut jobs because staff already 'behave like robots'

Chief Executive John Cryan said that many employees would face a huge impact due to the rise of AI because they have already resembled robots.


An accountant is one of the examples which will be replaced by AI. Its specialty relies on an accuracy. And AI is advantageous to the human in accuracy. According to a survey conducted this year, approximately 80% of bankers believe AI would drastically impact on the way of banking in the future.

So, how can you keep your job protected from AI? The answer is unclear. Even the most talented employee will be caught by the AI as far as his work can be copied. Rather, not so smart but humorous and friendly employees may keep a position in the workforce.

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