Wells Fargo: Automation Will Displace 200k Banking Jobs In the Next Decade

  • “Automation will displace 200,000 jobs in the banking industry in the next 10 years, according to Wells Fargo.
  • “The next decade should be the biggest decade for banks in technology in history. You’re about to see the biggest capital for labor swap in history,” Wells Fargo analyst Mike Mayo told Yahoo Finance.”


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