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Bank boss sorry for saying AI would replace ‘lower-value human capital’ amid job cuts
The Asian-focused bank unveiled plans on Tuesday to cut around 7,800 jobs as it ramps up the use of AI across its operations
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zerohedge.com
Standard Chartered To Replace "Lower-Value Human Capital" With AI As Meta Layoff D-Day Nears
"We are scaling practical uses of automation ..."
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tomshardware.com
Standard Chartered plans to cut 7,000 jobs in AI push — lender wants to replace ‘lower-value human capital’ and focus on automation
Is AI more valuable than people?
