If you’re in Hong Kong, you have WeChat on your phone Edtech start-up The Centre for Finance, Technology and Entrepreneurship (CFTE) plans to retrain financial workers, who may be at risk of losing their jobs to artificial intelligence (AI). In a report published on Wednesday, the CFTE said that AI is expected to replace more than half of all workers in finance by 2030, with most of those losses coming from human workers. Bankers need "the right skills to take advantage of the technological changes that are transforming their industry", said CFTE co-founder Huy Nguyen Trieu. The CFTE's first course covers topics including P2P lending, cryptocurrencies, key fintech figures, and cloud computing.
Edtech start-up The Centre for Finance, Technology and Entrepreneurship (CFTE) plans to retrain financial workers, who may be at risk of losing their jobs to artificial intelligence (AI). In a report published on Wednesday, the CFTE said that AI is expected to replace more than half of all workers in finance by 2030, with most of those losses coming from human workers. Bankers need "the right skills to take advantage of the technological changes that are transforming their industry", said CFTE co-founder Huy Nguyen Trieu. The CFTE's first course covers topics including P2P lending, cryptocurrencies, key fintech figures, and cloud computing.