International level bankers may soon find their jobs automated.

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This topic contains 6 replies, has 6 voices, and was last updated by Hollowtips  hollowtips 2 years, 9 months ago.

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  • 2017-04-29 at 9:51 AM#472776
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    Faust For Science
    Faust For Science
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    22521

    International level bankers may soon find their jobs automated.

    I ran across this article yesterday: http://www.zerohedge.com/news/2017-04-28/blockchain-about-disrupt-7-trillion-industry

    It is an interesting read about how much of the paperwork and bureaucracy dealing with international transactions is being automated. In many ways this side steps much of the work the bankers do concerning international transactions. This is work that the bankers are pay for per transaction.

    I doubt bankers are not going to allow this to happen without a fight. But, it will be interesting to watch how this situation unfolds.

    It seems any job can be replaced with automation.

    2017-04-29 at 10:06 AM#472786
    +4

    Anonymous
    42

    Bankers loosing their jobs? GOOD!

    I hope it paves the way for bitcoin!

    My luck it’ll pave the way to chip-coin!

    2017-04-29 at 3:54 PM#472967
    +2

    Anonymous
    14

    Ha, I hope it happens, as with every corporation every quarter they need to find a way to improve profits, so it is no surprise that even higher ranking people will lose their jobs one day as well.

    BRAWNDO, it’s got what plants crave!

    2017-04-29 at 4:05 PM#472973
    +1

    Anonymous
    42
    Anonymous wrote:

    BRAWNDO, it’s got what plants crave!

    F~~~ BRAUWNDO! I got a 9-13-26 that plants REALLY CRAVE! Just ask C-Pig, he’s a believer!

    We were gonna name our specialty plant food Crap Chumps but decided perhaps not.

    2017-04-29 at 5:14 PM#473003
    Chir
    chir
    Participant

    I think we will be seeing a s~~~ ton more of “white-collar” jobs being automated. Medical diagnostics, Lawyers, Bankers. Hell the stock market is almost completely automated, run by complex algorithms and AI.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    2017-05-01 at 10:47 AM#474094
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    Y_
    Y_
    Participant
    4591

    Thanks Faust. Good to know.

    Like every other worker out there – a trading algorithm or a customer service program can easily replace one of these twits.

    Now that blockchain is being implemented the paperwork is needed no more.

    Welcome to the real world losers.

    2017-05-02 at 10:19 PM#475289
    Hollowtips
    hollowtips
    Participant
    681

    Good we can finally remove human error when it comes to handling money. I’m sure the jews wont give up without a fight though.

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