Banks Lay Groundwork for Mass Workforce Cuts as AI Takes Hold
Workers have been left dazed about whether their jobs are safe. Even for those in higher levels, the risk that AI could eventually replace their roles has grown.
Photographer: Krisztian Bocsi/Bloomberg
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In the hope he’ll land a job in finance, Andre Bonnick spends hours rehearsing what he’s going to say. He’s using key words from job listings, making eye contact — following advice he’s gotten from recruiters.
But Bonnick, a student at Warwick University, isn’t preparing to talk to a human hiring manager. He’s tackling initial screening rounds done by artificial intelligence-powered software.
