Bankers Will See AI Transform Three-Quarters of Day, Study Says

  • Accenture says banking sector has more to gain than any other
  • AI offers opportunity for firms to re-evaluate ways of working

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Photographer: Kirill Kudryavtsev/AFP/Getty Images

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Artificial intelligence is likely to replace or at least lend a hand in tasks that take up almost three-quarters of the time bank employees now spend working.

That’s the conclusion of a new analysis by consultancy Accenture, which said banking has the potential to benefit more from the technology than any other industry. Just 27% of employees’ time currently has a low potential of being transformed, according to the analysis.