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Jobs in banking are some of the most sought after for job seekers — but plenty of roles may not be around much longer.
Algorithms that model prices or build portfolios could wipe out 6 million high-paying jobs in finance, according to Cornell University professor Marcos Lopez de Prado.
Lopez de Prado told the US House Committee on Financial Services that AI might not replace jobs entirely, but current finance employees aren’t trained to work alongside new technology, Bloomberg reported. (...)