(Opalesque) In the week ending 03 November, 2017, reports said that artificial intelligence is transforming financial services across customer support, research and sales and trading. 75% of banks and financial services companies will be leveraging artificial intelligence in their businesses within the next 12 months. Almost 20% have already implemented AI technology, most commonly in research/report generation and customer support. The report also said that 15% of financial service jobs are at risk. Meanwhile, SoftBank CEO Masayoshi Son said that robots would have an IQ of 10,000 in 30 years.
Opalesque Roundup: Artificial intelligence to Replace 15% of Financial Services Jobs
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