# Singapore’s biggest bank says it expects to cut four-thousand roles over the next three years as artificial intelligence takes on more work currently done by humans. A DBS Bank spokesperson told BBC the reduction in workforce will come from natural attrition as temporary and contract roles come to an end. Permanent staff are not expected to be affected by the cuts. The governor of the Bank of England, Andrew Bailey, told the BBC last year that while there are risks with AI, there is great potential with it.
Major Asian bank to cut 4,000 roles as AI replaces humans