Financial services and banking companies are pushing AI further and faster than almost any other industry. In this episode, we draw on our combined decades at Vanguard and JP Morgan Chase to break down exactly what's happening — and what it means for workers at every level.

What we cover:
→ BNY Mellon's $3.8B tech spend and 134 "digital employees"
→ 20,000 employees building their own AI agents (not just IT)
→ Goldman Sachs embedding AI into KYC and account reconciliation
→ JP Morgan Chase's internal AI training programs
→ How the career ladder is flattening — juniors and middle management squeezed
→ The reversed apprenticeship: seniors now need juniors for tech skills
→ Regulation and compliance disruption: AI knows every law instantly
→ 97% of investors penalizing firms not upskilling on AI
→ Why banks learned from the fintech revolution and jumped ahead
→ The coming wave of AI-driven acquisitions
→ How to build your own thing when the ladder disappears
→ GitHub profiles as the new resume — showing vs. telling

Key Stats:
• $3.8B/year BNY Mellon tech spend (19% of revenue, highest among peers)
• 134 "digital employees" working 24/7 at BNY
• 20,000 empowered builders creating AI agents
• 98% of 52,000 BNY employees trained on GenAI
• Only 2% of financial institutions report no AI usage (Finastra 2026)
• 89% say AI increased revenue or decreased costs (NVIDIA 2026)
• 97% of investors penalizing firms not upskilling on AI
• 42% of U.S. financial firms accelerating AI investment 50%+ (Finastra)
• 68% of national bankers list AI as top-5 spending priority

⬇️ RESOURCES & LINKS ⬇️

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TIMESTAMPS
00:30 - AI stats from the financial services industry
01:30 - Use cases for AI in finance and banking
02:30 - The AI advantage when it comes to regulation
03:00 - How is the industry ‘career ladder’ changing
04:10 - How to get into a dramatically changing industry
05:45 - Creative ways to position yourself well
06:10 - The aqui-hire pattern
07:20 - The ‘github profile’ example
08:45 - How financial services is actually leading change
09:45 - Financial services / fintech history lesson
11:30 - Where to find help

AI financial services, banking AI, BNY Mellon AI, digital employees, fintech AI, career in banking, financial services jobs, AI workforce, Goldman Sachs AI, JP Morgan AI, What About AI, AI career advice, compliance AI, regulation AI

#AIinBanking #FinancialServices #FutureOfWork #WhatAboutAI #AIWorkforce #FinTech #CareerAdvice #DigitalEmployees

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