230,000 high finance jobs could disappear by 2025
Hi guys,
http://news.efinancialcareers.com/uk-en/277602/ho…
What do you think about articles like this one? It doesn´t really seem legit to me, more like a huge exaggeration.
However, I am pretty surprised that Asset Management is by far the most affected industry with 90,000 potentially job loses (twice as much as S&T). Wouldn´t it make more sense that automatization has a bigger impact on places like S&T than AM or what point am I missing?
It´s kinda obvious that this is not relevant for IBD roles, since they are very hard to automate, but what is your personal opinion on AM, PWM, S&T, ...?
It would be great to hear from experienced people who actually work in those industries instead of some journalists who are looking for a dramatic headline. Thanks for your input.
Well... I don't think there is a single job that cannot be automated in the end if you think in a really really long term.
Yeah probably, but it will also backfire big time one day.
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