After two in-depth presentations, I can say AI is revolutionising banking. Yet, where does the human element stand amidst AIβs rise?
Many clients value human insight for intricate financial choices. The roles of private bankers, wealth managers, and strategists arenβt 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 havenβt reached that depth. πΌπ€
Tech experts mastering AI are invaluable. With banks leaning more on tech, these specialists ensure seamless operations, tackle tech challenges and drive innovation.
Despite recognising the value of human roles, AIβs 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. ππ€
Source: LinkedIn