Vanguard Chief Economist: AI and jobs, still in an ATM phase
Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good. The effect of automated teller machines (ATMs) on the bank teller profession reveals a more nuanced reality.
Reported by 1 outlet — Fortune. See all sources ↓
Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good. The effect of automated teller machines (ATMs) on the bank teller profession reveals a more nuanced reality. When ATMs became widespread in the 1980s, many people assumed bank tellers would soon become obsolete. They were only partially correct.
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Why it matters
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- What's the story?
- Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good. The effect of automated teller machines (ATMs) on the bank teller profession reveals a more nuanced reality.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 6m ago.
How outlets are framing the same story
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Vanguard Chief Economist: AI and jobs, still in an ATM phase
Sources1TypeCoverageFortune