Watch Desk posted an update
Nearly nine in ten UK financial services leaders surveyed by KPMG expect AI to transform the industry more than the 1986 Big Bang did, Resultsense says, citing Computer Weekly. The survey also points to an ambition for AI’s gains to reach beyond London.
Why it mattersAmong respondents, 88% expect those gains to spread across the country. Just over half want the balance to shift towards regional centres within ten years, while 21% want more activity concentrated in the capital. That is a striking forecast, not proof that jobs or investment will follow. The report does not give the survey’s sample size or fieldwork dates, so readers should treat the figures as a snapshot of leaders’ expectations, not a map of what happens next.
Discuss: Should AI investment in financial services be steered towards regional centres, or should firms follow the strongest existing clusters of talent and infrastructure?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.