How AI Revolution Is Driving 200,000 Layoffs On Wall Street

Evaluating recent Wall Street predictions. Advancements in artificial intelligence (AI) and automation are projected to lead to substantial layoffs and job eliminations on Wall Street. Based on a survey conducted by Bloomberg Intelligence, featuring input from Wall Street giants like Citigroup, JP Morgan Chase and Goldman Sachs, middle office and operations are most at risk – any job that involves routine or repetitive tasks is in the crosshairs.

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