The development of AI
AI threatens 200,000 banking jobs – but the union is taking it easy
Up to 200,000 jobs in the banking sector globally are at risk of disappearing due to AI, according to a forecast from Bloomberg. However, the Swedish Finance Association is not worried and believes that the industry is used to technological leaps.
– Finance and banking are technology-intensive industries and always have been. We are very used to new technology coming, says union chair Ulrika Boëthius to TT
She highlights that changes often occur gradually, for example in connection with retirements, and
AI threatens 200,000 banking jobs – but the union is taking it easy
Up to 200,000 jobs in the banking sector globally are at risk of disappearing due to AI, according to a forecast from Bloomberg. However, the Swedish Finance Association is not worried and believes that the industry is used to technological leaps.
– Finance and banking are technology-intensive industries and always have been. We are very used to new technology coming, says union chair Ulrika Boëthius to TT
She highlights that changes often occur gradually, for example in connection with retirements, and
US elections Votes on the inauguration
Trump's proposal could hit the economy: Don't take a vacation
Donald Trump's proposal for tariffs, deportations and tax cuts could have extensive effects on both the American and global economies. This is what SEB's senior economist Robert Bergqvist tells Ekot.
– Don't take a vacation from January 20 to April 29.
He emphasizes that “an incredible amount will happen” during the president-elect’s first hundred days in office. Economists will be closely monitoring developments to assess the potential consequences.
sees AI as an opportunity to streamline work and make jobs more stimulating.
Trump's proposal could hit the economy: Don't take a vacation
Donald Trump's proposal for tariffs, deportations and tax cuts could have extensive effects on both the American and global economies. This is what SEB's senior economist Robert Bergqvist tells Ekot.
– Don't take a vacation from January 20 to April 29.
He emphasizes that “an incredible amount will happen” during the president-elect’s first hundred days in office. Economists will be closely monitoring developments to assess the potential consequences.
sees AI as an opportunity to streamline work and make jobs more stimulating.
The Tiktok revolution
Tiktok ban could hit Apple and Google hard
The TikTok ban in the US could be a costly affair for domestic tech giants such as Apple, Google and Oracle. According to the law, companies risk daily fines of $5,000 per user if they continue to offer or support Tiktok. The penalties could quickly reach billions if the app is not effectively blocked, writes Politico.
The Biden administration has handed the issue over to President-elect Donald Trump. According to sources, he is considering extending the deadline by 90 days, but the uncertainty surrounding the legal situation means that companies still risk significant financial penalties during this period.
Starbucks CEO: Will turn the tide by cutting jobs
Starbucks will cut its workforce to try to turn the company around. That's what CEO Brian Niccol says, according to Reuters.
Details of the cuts will be presented in early March, but will not affect cafe employees or investments in store hours, he adds.
Niccol, who got the job four months ago, has already taken a number of measures to counteract the weaker development in China and the United States, the news agency writes.
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