2023 First Quarter Review & Commentary
FineMark
APRIL 13, 2023
In March, it was purchased by rival Swiss bank, UBS, in an emergency sale brokered by Swiss banking regulators. According to the March 26, 2023, white paper entitled, “The Potentially Large Effects of Artificial Intelligence on Economic Growth,” published by Goldman Sachs, generative AI could expose 300 million full-time jobs to automation.
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