Don’t fight artificial intelligence: HSBC CEO tells staff amid job cuts across banks
HSBC appealed to staff not to fight AI on Wednesday, saying it would destroy jobs while creating new ones, as banking rival Standard Chartered sought to calm workers over comments that the technology would replace “lower-value human capital”.
The predictions from two of the world’s biggest banks are the clearest sign yet about the upheaval from a technology that can consume and process vast swathes of data, completing tasks previously done by people.
