What is the degree of automation that the finance vertical is witnessing? Is this going to impact job availability in the future?

0 98 Views | Posted 7 years ago

  • 3 Answers

  • Shiksha Ask & Answer

    Answered by

    ABHISHEK K If you do not go to the end, why to start? | Scholar-Level 17

    5 years ago
    If you want to pursue a lucrative career in finance, do it. They cant automate your field without knowledge of your field. With that being said, people who know the most about your field (I. e. you, after an education) will be in the best possible position to automate it. You know what would be even more rad than making a ton of money? It is doing financial advisory work and getting paid for it. Automation leaves plenty of opportunity for money to be made by human beings, but it certainly narrows the window a bit. With finance specifically, you should also remind yourself that there is an entire world that is trying to make money. Ther
    ...more
  • Shiksha Ask & Answer

    Answered by

    Anirudh Kapoor

    7 years ago
    Hi,
    I think about things like this ALL the time.
    Currently, I am pursuing a career in automation. I love writing code, I love solving problems, I am terrible in maths but, still I love it.
    If you want to pursue a lucrative career in finance, do it. They can't automate your field without knowledge of your field. With that being said, people who know the most about your field (i.e. you, after an education) will be in the best possible position to automate it. You know what would be even more rad than making a ton of money? It is doing financial advisory work and getting paid for it.
    Automation leaves plenty of opportunity for money to be ma
    ...more
  • Shiksha Ask & Answer

    Answered by

    Zubin Mehta Expert Advisor for Senior Management. | Scholar-Level 17

    7 years ago
    Automation has recently been the talking affair with invention of artificial intelligent and machine learning which has produced cost savings in financial industry.
    The degree of automation soon shall shoot up exponentially and would almost replace mundane jobs like BPO, accounting, telesales, back office and data entry.
    Although this would create more leadership and management positions to manage the automation and thus offset the job loss.
    The transition would be difficult, but would eventually create whiter collar top class opportunities with ample of salary and perks.
    The scope would further widen against job reduction and would create
    ...more

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