European brokers face AI turmoil
8m
AI-powered startups and autonomous agents drove sharp declines in European wealth-manager and broker stocks, rattling financial markets and fueling concern about job displacement and industry disruption.
by Paul Davies
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
@opinion.bloomberg.com
www.bloomberg.com/opinion/arti...
"While the European Union is starting to distance itself from US Big Tech monopolies with countries moving towards tech sovereignty, the AI Skills Hub is one example of how, conversely, the UK is moving away from sovereignty to greater dependency."
"While the European Union is starting to distance itself from US Big Tech monopolies with countries moving towards tech sovereignty, the AI Skills Hub is one example of how, conversely, the UK is moving away from sovereignty to greater dependency."