How bots will shape the future of work in the financial industry

When the average person thinks of bots entering the workforce, scenes from X-Men: Days of Future Pastleap to mind, but actually, bots are not the future, they are already adopted and deployed among us. The reality of bots in day-to-day life is less “dominating Sentinel” and more “helpful and productive assistant.”

A bot is a piece of software that is designed and created to automate the kinds of tasks we would usually do on our own. Powered by a set of simple rules and varying degrees of artificial intelligence (AI), we can now create bots that can hold natural-sounding conversations with human beings with the aim of accomplishing tasks, such as answering questions or enabling product purchases.

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