1 post / 0 new
Lora Cecere's picture
Impact of Artificial Intelligence on Supply Chain Jobs

Artificial intelligence in various forms is expected to erase 230,000 jobs in capital markets by 2025, according to a study published by researcher and consultancy Opimas LLC. Asset managers are likely to see the most losses – about 90,000 globally. Job gains related to the use of AI in financial services are expected to number just 30,000, mainly in technology and data management, the report said. “We’ve seen traders replaced by algorithms and naturally now we’re seeing that flow to those actually managing funds,” 

Wall Street Journal, April 4, 2017