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Vanguard Chief Economist: AI and jobs, still in an ATM phase

Fortune·August 8, 2026·1 min read
Vanguard Chief Economist: AI and jobs, still in an ATM phase

AI Summary

Vanguard's Chief Economist suggests that the integration of AI in the workforce is still in an early stage, akin to the ATM phase of banking. He emphasizes that more advanced developments, similar to mobile banking, are yet to be realized.

From the source

We remain closer to the ATM phase than the mobile banking phase.

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View original at Fortune

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