Standard Chartered to replace 'lower-value human capital' with AI

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Submitted ⁨⁨4⁩ ⁨weeks⁩ ago⁩ by ⁨Veserr@sh.itjust.works⁩ to ⁨unitedkingdom@feddit.uk⁩

https://news.sky.com/story/standard-chartered-to-replace-lower-value-human-capital-with-ai-13545809?dcmp=snt-sf-twitter

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Corporal_Punishment@feddit.uk ⁨4⁩ ⁨weeks⁩ ago
He told reporters: “It’s not cost-cutting. It’s replacing in some cases lower-value human capital with the financial capital and the investment capital we’re putting in.”

So…cost cutting then.

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pinball_wizard@lemmy.zip ⁨4⁩ ⁨weeks⁩ ago
Shit heads are gonna shit head.

Get a credit union, folks.

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