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AI advent to see 16% of financial sector jobs set for significant change

Published on 30 Sep 2024 7:11:27 PM

Approximately 16% of the 97 job roles in the financial sector are expected to undergo significant transformation due to the advent of artificial intelligence (AI), says Human Resources Minister Steven Sim.

Sim said that 75% of roles will experience medium to low impact, while about 9% will emerge as new roles that are not commonly seen in the sector currently but will gain prominence in the near future.

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