Thousands of high paying jobs can be overfløddigjort, because they can be taken over by robots.

For when artificial intelligence truly is folded out, a large amount of jobs in the financial world taken over by robots.

It is due to the advanced algorithms, they can create.

that was the assessment from professor Marcos Lopez de Prado, who on Friday spoke at a hearing in the House of Representatives in the u.s. congress.

“Financial machine learning creates a number of challenges for the 6.1 million staff members in the finance and insurance industry, many of whom will lose their jobs,” said Marcos Lopez de Pardo, a professor at Cornell University in the UNITED states, according to the finansmediet Bloomberg.

That they lose their jobs, mainly due to the fact that the staff is not trained to work with algorithms, he explained.

the Use of the algorithms have already automated the tens of thousands of jobs, writes the media.

It has, for example, cost the job for people who are working with investment portfolios, or risk assessments, where the algorithms on the basis of large amounts of data can perform a more precise work.