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    My brother is currently working in Hong Kong to do with technology, and has recently warned me about the upcoming FinTech.

    Basically people believe that an automated program can predict investment for the future, taking into account past data and news. This means an experienced banker with a portfolio is less reliable.

    I am currently studying my first year of A-levels: Economics, Maths, Chemistry + Biology. I am excelling greatly in economics and my plans have been to become an investment banker / stock broker. I have become very stressed on my future career.

    Therefore do people recommend a career change for me or anything else??? I don't know what to do because I don't want to mess any opportunities for myself this early on
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    I'll tell you an illustrative story....

    I don't like doing the hoovering, so I bought a Roomba (a robotic vacuum cleaner). It's great, it does the hoovering and even has a timer so I don't have to be around when it does its thing. However, after about 2 months I noticed that it did not seem to be hoovering well. I turned it on and noticed it was making a weird noise. I then spent the next hour googling the issue and fixing it; it now works fine.

    Notice, although the Roomba means I don't have to do some work, it means I had to do some other work instead!

    Similarly, FinTech is not going to magically get rid of the need for all bankers. It may change the balance of skills required but there will still be a need for people who understand the processes and principles of the industry. The future finance jobs may be people designing or selecting the algorithms to use but people will definitely be involved...
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    Thanks so much! It has definitely reassured me that finance could be a future possibility. As you can tell I was very anxious!

    (Original post by reasonableman)
    I'll tell you an illustrative story....

    I don't like doing the hoovering, so I bought a Roomba (a robotic vacuum cleaner). It's great, it does the hoovering and even has a timer so I don't have to be around when it does its thing. However, after about 2 months I noticed that it did not seem to be hoovering well. I turned it on and noticed it was making a weird noise. I then spent the next hour googling the issue and fixing it; it now works fine.

    Notice, although the Roomba means I don't have to do some work, it means I had to do some other work instead!

    Similarly, FinTech is not going to magically get rid of the need for all bankers. It may change the balance of skills required but there will still be a need for people who understand the processes and principles of the industry. The future finance jobs may be people designing or selecting the algorithms to use but people will definitely be involved...
 
 
 
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