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Fortune

Sheryl Estrada

AI is reshaping banking—but not causing a jobs wipeout

Merchants use artificial intelligence technology to connect to modern financial technology banking systems. (Credit: Getty Images)

Good morning. An AI-fueled takeover of finance jobs doesn’t appear imminent, experts say.

My Fortune colleague Emma Burleigh takes a deep dive into this topic in her new report, “Is AI really killing finance and banking jobs? Experts say Wall Street’s layoffs may be more hype than takeover—for now.” For example, despite Wall Street’s headline-grabbing layoffs this year, overall headcount across banking and finance has remained relatively stable.

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Moment Arizona cops shove a college cheerleader to the ground to arrest her

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One subscription that gives you access to news from hundreds of sites

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No arrests announced in shootings that killed 2, left dozens injured at Georgia block party

No arrests announced in shootings that killed 2, left dozens injured at Georgia block party

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