Tuesday, 6 December 2016

Bank Of England Governor Warns About Futuristic Banking Jobs

Mark Carney

Mark Carney told how many roles would be taken over by machines with whole professions simply disappearing, as his chief economist warned last year.

In an alarming speech, he also told how Britain was facing its first “lost decade” of economic growth since the 1860s.

The Governor, speaking in Liverpool, warned of the growing inequality of wealth in the UK, but denied his Bank’s policies were to blame.

Mr Carney said millions of jobs, particularly middle-class ones, would face “hollowing out” as technological advances meant robots can increasingly do our jobs.

Admin, clerical and production jobs are most at risk – but entire lines of work, such as accountancy, could also go.



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