Here are 4 ways AI will impact the financial job market

The transformative impact of artificial intelligence (AI) on every industry is indisputable, as is its effect on the labour market. Will AI benefit the labour market over the next decade and beyond, or will it change it and replace humans? The continuous interaction and integration of data, algorithms and use cases are driving AI development. AI has cut positions, broken the bottleneck of human efficiency, reduced standardized and repetitive work, changed the nature of work and enhanced work efficiency. At the same time, it has created new jobs.