Bad news for the one percent: According to a new exhaustive report from Citigroup, finance is on track to bear the brunt of AI-related displacement.
AI will “profoundly change money,” the 124-page report declares in its introductory paragraph. Sure, it creates “new opportunities for growth and innovation, often improving our overall quality of life,” Citigroup says. But it also “destroys” and creates plenty of “losers.”
