If you’ve ever watched a sci-fi TV show or movie, you’ll know that robots and technology are shown as something to fear and run away from. In the business world, this narrative has resonated in some industries more than others. The finance industry, for example, has historically been slow and hesitant to adopt technology into its roles and processes. This is a profession that, in many cases, still uses Excel sheets to maintain ledgers and manage debt collection.
A report by data aggregator Emolument found that 47% of employees in financial services believe technology is putting their job at risk. Since this report was released in 2016, there have been some improvements in the adoption of tech. But there’s still a long way to go.
