Standard Chartered CEO Bill Winters apologized after calling workers affected by 8,000 AI-driven job cuts 'lower-value human capital,' prompting regulatory inquiries.

A new name for the working class, 'lower-value human capital'.They don't give a shit about you and your family. https://t.co/s2Y6rL6Mey

Standard Chartered CEO Bill Winters reassures staff after backlash over remarks on AI replacing 'lower-value human capital'. Read more at straitstimes.com. Read more at…

CEO Georges Elhedery pledged that AI could make HSBC workers "more productive versions of themselves".

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Bank says chief executive's AI comments were 'taken out of context'

Standard Chartered CEO Bill Winters has apologized for comments about artificial intelligence replacing workers. He stated that the bank is investing in AI technology. This move…