Apr

7

The BBC did a report on Dec 9th, 1969 on the computerization of the banking business. The report addressed all the modernization, reductions of workforce, the new technology, and the convenience of new automated banking systems. They realized that many clerical positions in the bank would be eliminated, but they also mentioned that many thousands of people would be needed to make computers, service them, etc. Although their future in 1969 seemed rather far fetched, today's reality has greatly exceeded that report.


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