“The future is already here — it’s just not evenly distributed.”
When ATMs came on the scene, economists, politicians and the media panicked. With people no longer required to give the correct change and stamp deposit slips, we were experiencing the early stages of the robot revolution. Automation was to rob bank tellers of their jobs!
The reality, however, was far more nuanced. In fact, there are more bank tellers now than ever. Rather than widespread job loss, the automation of routine tasks has allowed tellers to shift their focus to higher value tasks like customer and relationship management, financial services and sales.