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Yeah so every tech revolution does this right.

ATMs were meant to kill banking jobs but ah theres more jobs in banking than ever.

The Cloud was meant to automate away tech people, but all it did was create new tech jobs. A lot of which is cleaning up after idiots who think they can outsource everything to the cloud and get burned.

LLMs are no different. The "Ideas Man" can now get from 0 to 30% without approaching a person with experience. Cleaning up after him is going to be lucrative. There are already stories about businesses rehiring graphic designers they fired, because someone needs to finish and fine tune the results of the LLM.



> ATMs were meant to kill banking jobs but ah theres more jobs in banking than ever.

ATMs only handle basic teller functions and since COVID in NYC I had to change banks twice because I couldn't find actual tellers or banks with reasonable open hours. BoA had these virtual-teller only branches and the video systems were always broken (and the only option on Saturday). This was in Midtown Manhattan and my only option was basically a single branch on the other side of town 8-4 M-F.

I'm now happily with a credit union but at least since moving to the south things are generally better because customers won't tolerate not being able to deal with an actual person.


I seriously hope those rehires are coming back with a refined rate as well.


A healthy dickhead tax on the way back in would be smart.


> ATMs were meant to kill banking jobs but ah theres more jobs in banking than ever.

US banks, who are surprisingly behind the times in as far as automation goes. Here a lot of banks used a lot of automation to reduce the amount of manual jobs needed. to the degree that many offices are now also closing as everything can be done online.

And no, there is no need to visit banks here as I get the impression it is in the US. We don't even have physical checks anymore.


Sadly everyone thinks they are The "Ideas Man".




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