200,000 Wall Street Jobs May Be Slashed By AI

200,000 Wall Street Jobs May Be Slashed By Artificial Intelligence
The financial services sector is facing disruption as AI technologies threaten to displace a considerable share of its workforce.
3 Premier Artificial Intelligence (AI) Stocks That Can Plunge by Up to 86% in 2025, According to Select Wall Street Analysts
Based on low-water price targets issued by select Wall Street analysts, the following three premier AI stocks are expected to plunge by up to 86% in the new year.
Wall Street job losses may top 200K as AI replaces roles
But AI will not eliminate them fully, rather it will lead to workforce transformation.” Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. The peer group covered by BI includes Citigroup,
AI Could Replace 200,000 Jobs on Wall Street, According to a New Report. These Are the Jobs Most at Risk.
A new report shows that company executives plan to cut 3% of their workforce in the next three to five years because of AI.
200,000 people to lose jobs? Back office, operational roles at Wall Street at risk as AI takes over
The rise of artificial intelligence is anticipated to eliminate 200,000 jobs at Wall Street banks in the coming years, particularly in back office positions.
AI to replace 200,000 bank jobs globally in the next few years
Artificial intelligence is coming for the banks, and it’s not stopping at the doors. Over the next three to five years, up to 200,000 jobs in the banking sector could disappear as AI systems take over tasks currently done by humans,

AI, NVIDIA and Netherlands

AI, Biden and NVIDIA

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Palantir Technologies ( PLTR -2.52%) had an explosive 2024, reporting its highest profit ever, joining the S&P 500, and ...
Upstream32m
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4 in 10 companies planning job cuts due to AI: Survey
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