{"id":1009220,"date":"2026-05-22T09:39:44","date_gmt":"2026-05-22T04:09:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1009220"},"modified":"2026-05-22T09:58:00","modified_gmt":"2026-05-22T04:28:00","slug":"ai-will-destroy-and-create-new-jobs-urges-staff-to-embrace-change-hsbc-ceo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/22\/ai-will-destroy-and-create-new-jobs-urges-staff-to-embrace-change-hsbc-ceo\/","title":{"rendered":"AI will destroy and create new jobs, urges staff to embrace change: HSBC CEO"},"content":{"rendered":"<p>HSBC Chief Executive Georges Elhedery said on Wednesday AI would destroy and create certain jobs in the financial industry, and the bank was retraining its workforce to meet the challenge.<\/p>\n<p>Elhedery told an HSBC investor day event that staff needed to embrace \u200cAI-driven change rather \u2060than resist \u2060it and work with the bank on navigating the new technology.<\/p>\n<p>&#8220;We all know generative AI will destroy certain jobs and will \u200bcreate new jobs,&#8221; Elhedery said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC Chief Executive Georges Elhedery said on Wednesday AI would destroy and create certain jobs in the financial industry, and the bank was retraining its workforce to meet the challenge. Elhedery told an HSBC investor day event that staff needed to embrace \u200cAI-driven change rather \u2060than resist \u2060it and work with the bank on navigating the new technology. &#8220;We all know generative AI will destroy certain jobs and will \u200bcreate new jobs,&#8221; Elhedery said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1009220","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009220"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009220\/revisions"}],"predecessor-version":[{"id":1009243,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009220\/revisions\/1009243"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}