The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Standard Chartered CEO calls for AI guardrails, says human judgment remains key to jobs

News Snapshot:

AI AND JOBSAsked about AI's impact on employment, Mr Winters said automation would change the nature of jobs at Standard Chartered, but would not necessarily lead to a smaller workforce.While the bank has already automated almost 25 per cent of the roles it previously had, its overall headcount has increased, he said.About 85 per cent of employees whose roles were displaced by automation have been reskilled for other positions, according to Mr Winters. He added the bank would continue to invest in reskilling employees as AI became more widely used, with the skills required in an AI-driven workplace likely to be significantly…

Other China Tech Buzz: