How A.I. Can Change the Game For Those Working in Finance
*By Bridgette Webb*
The gradual rise of A.I. in finance may shift priorities for both employers and their employees, said Junta Nakai, global head of business development at fintech company Selerity.
"The desired skill sets in finance are changing and will continue to change," he said Thursday in an interview with Cheddar. "Instead of having the traditional accounting background, it may be more useful to know how to code."
According to a report from Adobe and Econsultancy, 61 percent of the financial companies surveyed already use artificial intelligence or plan to within the next year. Titans of industry like [Barclays](https://www.ft.com/content/3ab7cbf4-8281-11e8-96dd-fa565ec55929) and Goldman Sachs have already introduced the tech into their operations.
As it stands, finance, accounting, management, and economics are among universities’ [most popular majors](https://www.huffingtonpost.com/entry/are-robots-taking-over-the-worlds-finance-jobs_us_595508aee4b0326c0a8d0e23) around the globe. But research indicates 230,000 positions in finance may disappear by 2025, making business degrees a potentially harder sell.
Nakai said more A.I. may change the demand for workers in the finance industry, but he thinks the shift will prove effective. And for now, he added, automation is a trend that's here to stay.
"Automation has been a theme in finance for a very long time. I truly believe that the bank of the future relies on data and technology."
For more on this story, [click here](https://cheddar.com/videos/the-evolution-of-financial-technology).
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