Is tech the future of finance?

Recently, I've been thinking if we are witnessing a trend of tech stuff taking over finance. I myself is a CDO manager and alternative credit investment analyst, I just took a deep look into my work and I realized most of the stuff I did could be programmed into a system and produced everything automatically. For example, when I repackage credit card loans into CLO, I could write a few hundreds of lines of code to automatically extract data, clean data, conduct credit analysis, predict default and prepayment, predict cash flow, generate paperwork, send marketing documents to investors,etc. Now I'm only capable of doing the analytical and prediction part cuz I came from a quantitative major, I still do the rest by hand, but I believe smarter people could replace me with machine if they want to. Obviously banking is far from being taken over by fintech cuz it is more of a people business, but I think a lot of other fields in finance might merge into fintech at some point in the near future.

People are abusing the word AI and MACHINE LEARNING, especially in finance, as most of the stuff they use in finance is no more than master level statistics. But even so, I think more complicated data science would be a crucial part of finance. We can either use data science in financial analysis, or simply write codes to free us from the trivial paperwork. Personally I'm not confident that I can keep my current job in a decade. I think big tech firms have not realized what they could do to financial industry. When they do, we are gonna lose thousands of jobs.