Technology
Are robots taking over the world’s finance jobs?
9 years agoEngineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, on December 27, 2016. The giant human-like robot bears a striking resemblance to the military robots starring in the movie "Avatar" and is claimed as a world first by its creators from a South Korean robotic company. / AFP PHOTO / JUNG Yeon-Je
For instance, JP Morgan’s Contract Intelligence, or COIN, programme, which runs on a machine learning system, helped the bank shorten the time it takes to review loan documents and decrease the number of loan-servicing mistakes.