Will Automation Take Over Senior Finance Jobs?

Could the roles of senior finance executives grow obsolete, replaced by a robot or other technology? Some of them apparently think so, according to a poll by the New York chapter of Financial Executives International. In the poll of 83 finance executives, 10% said they believed that some senior finance positions -- at least, as we know them -- will be replaced one day in a world of artificial intelligence, repetitive tasking, and increasing automation. A further 25% deemed such replacement "possible." "Presumably these executives will be working to restructure [senior finance roles] to emphasize functions that cannot be automated and to take advantage of free time that automation affords them," said Matthew Cooley, president of FEI's New York City chapter.