After two in-depth presentations, I can say AI is revolutionising banking. Yet, where does the human element stand in Banking 2043 amidst AIโs rise?
Many clients value human insight for intricate financial choices. The roles of private bankers, wealth managers, and strategists arenโt going anywhere. Even CEOs will remain if they are tech-savvy and understand how to use technology. Trust, empathy, and intuition anchor these roles, and algorithms havenโt reached that depth. ๐ผ๐ค
Tech experts who master AI are invaluable. As banks lean more on technology, these specialists ensure seamless operations, tackle tech challenges and drive innovation.
Despite recognising the value of human roles, AIโs impact is evident. Ordinary tasks and basic client support are becoming obsolete. Bots handle queries, algorithms offer investment advice, and machine learning forecasts market trends. How do you see Banking 2043? ๐๐ค
Source: LinkedIn
