After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI

Workers are anxiously awaiting the fate of their careers as more employers tout the opportunity to automate certain roles, and even whole departments. Bill Winters, the CEO of Standard Chartered, for example, recently said that “lower value human capital” can be replaced by advanced tech at the global bank—but after uproar ensued, he’s now backtracking on that stance.

The baby boomer bank leader took to LinkedIn to admit that his words had unnerved some of his coworkers. “I have received a lot of support for the messages in my previous post but still get questions about my choice of words, which I know has caused upset to some colleagues,” Winters Read Entire Article