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.