Last quote by Dhaval Joshi
It follows, that the jobs that AI can easily replicate and replace are those that require recently evolved skills like logic and algebra. They tend to be middle-income jobs. Conversely, the jobs that AI cannot easily replicate are those that rely on the deeply evolved skills like mobility and perception. They tend to be lower-income jobs. Hence, the current wave of technological progress is following scenario 2. AI is hollowing out middle-income jobs and creating lots of lower-income jobs.feedback
Aug 20 2017
Dhaval Joshi has been quoted 5 times. The one recent article where Dhaval Joshi has been quoted is European banks rally on French election relief but set for a tough week ahead. Most recently, Dhaval Joshi was quoted as having said, “European banks face three long-term headwinds that have impacted their performance over a period of time. These include the Banking Resolution and Recovery Directive, negative interest rates and non-performing loans.”.
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Quotes by Dhaval Joshi
Feb 08 2017
In theory it puts U.S. bank profitability at an advantage over European bank profitability - by easing regulations and capital requirements, allowing higher operational leverage for US banks. Dodd-Frank was aimed at protecting banks from themselves. The tighter regulations in Europe weigh on long-term profitability but they also prevent future systemic crises and ultimately create a more stable banking system.feedback
Oct 12 2016
European banks face three long-term headwinds that have impacted their performance over a period of time. These include the Banking Resolution and Recovery Directive, negative interest rates and non-performing loans.feedback
Oct 10 2016
The good news is that an individual bank failure, however large, should no longer constitute a systemic risk. BRRD forces the ECB, the Eurosystem, and governments to prioritise the protection of banks' critical functions and stakeholders, specifically: payment systems, taxpayers and depositors.feedback
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