The game-changing impact of artificial intelligence on the financial sector has begun. It is estimated that 200,000 positions in the banking industry in Europe could be eliminated through automation. Traditional financial institutions are heavily investing in software and AI technology. On the other hand, blockchain technology and decentralized finance (DeFi) platforms are rapidly evolving, introducing new financial service models. This transformation is not just about unemployment—it is radically reshaping the structure of the financial system. A world where algorithms make decisions instead of human workers is approaching. Who will win in the finance of the future? Will it be the centralized system or the open and transparent blockchain? The answer is seriously engaging investors and the industry.
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Degen4Breakfast
· 9h ago
The issue of 200,000 people losing their jobs... traditional banks are really panicking. But to be honest, under this wave of AI, DeFi is the true savior. Algorithmic decision-making should have been replaced by transparent on-chain mechanisms a long time ago.
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RektRecovery
· 9h ago
nah, seen this collapse pattern before. algos eating traditional finance while defi promises transparency it can't deliver. 200k jobs vanishing is just the appetizer—the real reckoning happens when the code breaks and no human's left to fix it.
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BlockchainArchaeologist
· 9h ago
200,000 banking jobs are about to disappear? Haha, traditional finance only knows how to burn money on AI, but little do they know that DeFi has been ready to strike long ago.
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CodeSmellHunter
· 9h ago
Are the jobs of 200,000 bank employees really going to disappear? The algorithm is in charge, and I'm still a bit worried about this...
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HashBrownies
· 9h ago
200,000 jobs lost to AI... European banking industry is doomed. By the way, can DeFi really handle this? I'm a bit skeptical.
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RugpullSurvivor
· 9h ago
200,000 jobs gone? Forget it. Banks should have been restructured long ago. DeFi is the future. Who still needs those centralized intermediaries?
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gm_or_ngmi
· 9h ago
When 200,000 jobs disappeared, traditional banks were still deluding themselves... Once algorithms take over completely, human financiers will be completely out of the picture.
The game-changing impact of artificial intelligence on the financial sector has begun. It is estimated that 200,000 positions in the banking industry in Europe could be eliminated through automation. Traditional financial institutions are heavily investing in software and AI technology. On the other hand, blockchain technology and decentralized finance (DeFi) platforms are rapidly evolving, introducing new financial service models. This transformation is not just about unemployment—it is radically reshaping the structure of the financial system. A world where algorithms make decisions instead of human workers is approaching. Who will win in the finance of the future? Will it be the centralized system or the open and transparent blockchain? The answer is seriously engaging investors and the industry.