Markets and Economy

The Impact of Technological Disruption

Watch Jim Glassman, Commercial Banking’s Head Economist, discuss how technology is increasing worker productivity, boosting competition and creating—rather than displacing—jobs.
Jim Glassman, Head Economist, Commercial Banking
February 20, 2018

From e-commerce transforming retail to robotic assembly lines disrupting the manufacturing sector, technology is shaping and challenging the future of seemingly every industry. For companies to succeed in this increasingly competitive market, they must adapt quickly and take advantage of innovation. And although there’s been concern in the past about automation taking human jobs, history shows us that technological advancements raise living standards and actually create new jobs.

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