Anonymous ID: c107a0 Sept. 14, 2018, 11:04 a.m. No.3022622   🗄️.is đź”—kun

>>3022463

BofA Employees Picket Video Teller Technology It is coming.

 

By Jeffry Pilcher, CEO/President and Founder of The Financial Brand

 

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Video teller machines will cost jobs, protestors say. But their picketing won’t stop the inevitable.

 

Bank of America branch tellers in New York recently took to the sidewalk to protest the installation of ATMs with video teller assist.

 

The activist tellers said the machines will result in a reduction of teller positions at the bank.

 

Ya think? Isn’t that the whole idea?

 

BofA teller Alex Shalom is petitioning his employer to stop a planned rollout of the machines. 61 are already in place in major markets, with more planned for installation across the bank’s US footprint.

 

“Part of my job is building strong relationships and being able to recommend quality products,” Shalom told ABCNews.com. “I don’t think you can do that through a video screen when you’re never going to know the customer and the customer will never know you.”

 

Reality Check: Employees in the banking sector can protest video tellers and other technological advancements all they want; it isn’t going to make a difference. It would be as futile as the employees of Blockbuster or Borders going on strike because they felt their job security was threatened by the internet. Do you think the employees of Sony’s Betamax division could have pressured the company to keep making obsolete VCRs? No. New technologies always have and always will cause some jobs — even entire industries — to disappear.

 

https://thefinancialbrand.com/35294/bank-of-america-video-teller-protest/