ATMs didn’t kill bank teller jobs, but the iPhone did
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Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#2That paired with an increasingly cashless society. (Which is also in large part to smart phones) Otherwise you'd still need more tellers to conduct transactions that exceed ATM limits.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#3> an AI system is literally a machine that can think and do things itself
why do so many writers claim this as a matter of fact? are we losing (or did we never have) a shared definition of the word "think"? can an LLM, at this time, function with zero human input whatsoever?
edit to add: these are genuine questions, not meant to be rhetorical :)
it's hard for me to gauge a broader understanding of AI/LLMs since most of the conversations i experience around them are here, or in negative contexts with people i know. and i'll admit i'm one of those negative people, but my general aversion to AI mostly has to do with my own anxiety around my mental health and cognitive ability in a use-it-or-lose-it sense, along with a disdain for its use in traditionally-creative fields.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#4Everyone I knew working as a bank teller quit because the actual job is screwing over old people with bad performing and long lasting investments.
My bank calls me at least once a year to tell me my personal bank teller changed again.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#5Everyone I knew working as a bank teller quit because the actual job is screwing over old people with bad performing and long lasting investments. My bank calls me at least once a year to tell me my personal bank teller changed again.
A personal banker and a bank teller are not the same thing. I think you're conflating or confusing two different professions.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#6That paired with an increasingly cashless society. (Which is also in large part to smart phones) Otherwise you'd still need more tellers to conduct transactions that exceed ATM limits.
As far as I can tell, it's entirely that. The things the author cites as how mobile banking supplanted going to the bank (paying for things with debit cards, getting your paycheck direct deposited, etc) have nothing to do with mobile banking. They are all just as you said: we live in an increasingly cashless society, the only reason to go to the branch is to deposit or withdraw money, so the need for tellers has gone off a cliff.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#7I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC.
Is an app really that much easier to use?
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#8Everyone I knew working as a bank teller quit because the actual job is screwing over old people with bad performing and long lasting investments. My bank calls me at least once a year to tell me my personal bank teller changed again.
Everyone I knew working as a bank teller quit because the actual job is screwing over old people with bad performing and long lasting investments.
That’s not a bank teller’s job, at least not in the U. S. You’re confusing that job with something else.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#9I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC. Is an app really that much easier to use?
You can deposit checks via the app pretty easily.
Re: ATMs didn’t kill bank teller jobs, but the iPhone did
#10TFA reasonably reduces to:
First, ATMs increased the demand for bank branches, which more than made up for the decrease in tellers per branch.
Second, mobile banking decreased the demand for physical branches.