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Banks to Lose 200,000 Jobs Due to Automation Over Next Decade, Analyst Mayo Says

Oct.22 — Michael Mayo, Wells Fargo Securities senior bank analyst and head of U.S. large-cap bank research, discusses the outlook for financial technology’s impact on the banking industry with Bloomberg’s Taylor Riggs on “Bloomberg Technology.”

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Oct.22 — Michael Mayo, Wells Fargo Securities senior bank analyst and head of U.S. large-cap bank research, discusses the outlook for financial technology’s impact on the banking industry with Bloomberg’s Taylor Riggs on “Bloomberg Technology.”

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13 Comments

13 Comments

  1. LuciD AYS

    October 22, 2019 at 11:31 pm

    N

  2. raphael francis AMIGO

    October 22, 2019 at 11:32 pm

    banks will use ripple

  3. Swymco

    October 22, 2019 at 11:36 pm

    The hoody observation was pretty funny.

  4. PG Beats

    October 23, 2019 at 12:03 am

    Banks using xrp.

  5. Kev Ngu

    October 23, 2019 at 12:06 am

    #google andrew yang #yang2020

  6. allowedme

    October 23, 2019 at 1:58 am

    Yang2020.com has the perfect solutions.

  7. Christoher Gomez

    October 23, 2019 at 2:10 am

    #AndrewYang2020!!!

  8. m6m17

    October 23, 2019 at 3:17 am

    tech is losing in white collar job too?

  9. robert lee

    October 23, 2019 at 3:35 am

    So, Andrew Yang has been telling truth all these time?

  10. Fun Tube

    October 23, 2019 at 4:50 am

    20 plus online jobs available here with handsome sallery packages

  11. Paul Tremblay

    October 23, 2019 at 5:22 am

    When nobody work and can’t deposit, am guessing that robots will

  12. Joel Bondurant

    October 23, 2019 at 7:36 am

    Hooray!!! Great news!

  13. Abu Feras Abdullah

    October 23, 2019 at 12:54 pm

    Totally agree, it’s archeological Mick

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Bloomberg Technology

Odd Lots: The AI Trade Shrugs Off a Blue Wave and a Tech Scandal

It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a…

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It’s been a big month so far for American politics and the tech industry. Democrats deliver a sweeping win across the country, calling continued AI development into question. Nvidia launches an investigation into CEO Jensen Huang’s affair with an alleged Chinese spy. There are plenty of things to make investors jittery, yet we’re seeing a tech rally as markets await the upcoming Anthropic IPO.

Bloomberg’s Michael Ball joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to unpack why the tech trade is showing resilience despite macro jitters.
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Anthropic IPO Demand Surges as CoreWeave Calms AI Fears

Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington…

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Bloomberg’s Riley Griffin takes a look at Anthropic’s potentially record-breaking IPO, with sources saying it’s already multiple times oversubscribed. Plus, CoreWeave reassures Wall Street with third-quarter sales topping analyst estimates and easing fears about the debt tied to its rapid AI buildout; and Congressman Raja Krishnamoorthi discusses how the Nvidia scandal is felt across Washington and beyond.
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Anthropic Targets $1.4 Trillion Valuation in Blockbuster IPO

Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more. ——– Like this video? Subscribe to…

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Anthropic is seeking a valuation of about $1.4 trillion in its initial public offering, a bid to make history as the first frontier artificial intelligence lab to go public. The company’s IPO is set to price on Wednesday, Nov. 18 and trade the following day. Bailey Lipschultz has more.
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