No wonder AI shares high frequency? Japan, the Nordic banks to cut the number of employees

Japan's largest bank, "Bank of Tokyo-Mitsubishi UFJ (BTMU; 8306. JP)," Japan's largest bank, "to increase profitability, Since April 2018) has cut the number of domestic branches by 20 percent, reporting that the number of customers visiting BTMU branches has been reduced by 40% over the past 10 years.As part of the throttle plan, BTMU plans to take digital automation technology to take about 9,500 The daily work of the staff content.

Mizuho Financial Group Inc. (8411.JP) is considering a one-third reduction in manpower over 10 years, from about 60,000 to about 40,000. Sumitomo Mitsui Financial (Sumitomo Mitsui Financial) Group Inc., 8316.JP) also has a streamlined plan, which means that automation software will take over the work of BTMU, Mizuho and Mitsui Sumitomo's total of about 32,500 employees in the future.

The Bank of Japan (BOJ) issued a financial system report on Oct. 23 that the price of financial services in the United States and Europe grew by about 2% a year, accounting for about 0.2-1.3% of household expenditure, which is much higher than that of Japan Of 0.01%.

Ken Miyauchi, president of Softbank Group (9984.JP), said on Oct. 27 that the total number of employees of Softbank was 18,000, and that after three years of improvement in operational efficiency through artificial intelligence (AI) Only half the manpower to complete the same amount of work during the year.

Thomson Reuters reported on the 28th, Mizuho Financial Group plans to release earnings in November when the details of the organization to streamline the plan. Mizuho last year net profit shrunk by 10%, the source alleged that the group plans to " attrition "approach to reduce manpower.

Nordea, the largest bank in the Nordic region, which has invested heavily in automation technology in the past three years, announced last week that at least four thousand of the 32,000 employees would be dismissed and another 2,000 would lose their jobs. Has launched a chat robot (chatbot) to answer common customer questions.

According to the Appeal of Conscience Foundation, Sun Yat-sen, president of Softbank, pointed out that following the blue-collar and white-collar workers, there will be a "metal collar" in the future, he said, Collar will not only replace the majority of blue-collar work, many white-collar workers will also lose their jobs, human beings must begin to think about the definition of life and the value of life.

John Cryan, Deutsche Bank CEO, Deutsche Bank's "Bank Change" seminar, held on September 6th at Handelsblatt, called on its employees to embrace the revolutionary spirit because those who do like robots The staff of the work has begun to be replaced by a real robot.

Blue Prism, the UK's Robot Process Automation (RPA) software technology development company, rose 3.42 percent on Jan. 27 to $ 1,390 pence, a record high against Blue Prism, which was listed at 78 pence in March 2016.

Blue Prism announced on Oct. 11 that it will launch a digital lab operating system at Microsoft's Azure cloud service platform, and Microsoft, Blue Prism, will join hands in adding intelligent automation capabilities to Azure.

The press release notes that companies can now leverage the Blue Prism intelligent automation platform driven by Azure machines and Microsoft AI to drive a comprehensive digital transformation with cutting-edge AI, machine learning, analytics and cloud capabilities.

Microsoft, Blue Prism and Identitii work together to help streamline the financial transaction process and solve the money laundering problem through block-chain technology, which allows banks and financial institutions to automatically use the Blue Prism technology to audit financial transactions.

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