The robots aren’t coming for your job, yet.
Two-thirds of financial services companies will likely see staff numbers rise initially as they adopt artificial intelligence, according to a survey, raising doubts that the new technology will lead to quick cost savings.
More than 70% of respondents in a survey by Bloomberg Intelligence also said they expect AI adoption to lead to higher operating costs over the next three years. Most still anticipate productivity to rise more quickly, according to the survey of 151 senior employees in the financial services sector published Wednesday.
“The ...