Global banks are poised to cut up to 200,000 jobs over the next three to five years as artificial intelligence (AI) increasingly automates tasks currently performed by humans, according to Bloomberg Intelligence (BI).

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence.

An anonymous reader quotes a report from Bloomberg: Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence. Chief information and technology officers surv...