DBS Group's CEO Piyush Gupta announced that the bank expects a 10 per cent reduction in its workforce over the next three years due to deeper AI integration. Gupta highlighted the significant impact of AI on job creation, noting a unique challenge in repurposing employees. The bank has cautiously embraced AI across various operations, including customer outreach and credit underwriting.
from Careers-Economic Times https://ift.tt/raeRWVh