Bank boss sorry after describing workers as ‘lower value human capital’

The boss of Standard Chartered has apologised after describing employees whose jobs are vulnerable to being replaced by Artificial Intelligence (AI) as “lower value human capital”. Discussing how automation was likely to lead to thousands of job cuts at the… The boss of Standard Chartered has apologised after describing employees whose jobs are vulnerable to being replaced by Artificial Intelligence (AI) as “lower value human capital”. Discussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn’t about cost cutting but “replacing, [...] The post Bank boss sorry after describing workers as ‘lower value human capital’ appeared first on Kahawatungu.