- “Using data collected in a global survey during 2019, the report analysed a sample of 151 fintechs and incumbents across 33 countries to paint a rich picture of how artificial technology is being developed and deployed within the financial services sector.
- 30% of the fintechs surveyed indicated a substantial increase in profit as a result of AI, while only 7% of incumbents indicated such profitability.
- Another key difference is that while incumbents expect AI technologies to replace almost 9% of jobs within their organisation by 2030, fintechs forecast that AI will expand their workforce by 19%.”
https://www.finextra.com/newsarticle/35251/fintech-workforce-to-expand-19-by-2030-thanks-to-ai-cambridge-university-predicts/retail
