"Financial Services are a key player in the Irish economy - so how can we keep workers from bearing undue harms from the integration of artificial intelligence?
Ireland's skilled workforce, membership in the European Union, and favourable corporate tax environment have secured the nation's position as a leader in European and global finance. The financial services sector, which directly employs nearly 60,000 workers, is a cornerstone of the Irish economy, contributing significantly to GDP and positioning Ireland as a hub for innovation. However, this sector now stands at a critical juncture as the rapid adoption of artificial intelligence (AI) facilitates transformative changes that will redefine the contemporary understanding of “work.” AI technologies are being integrated into organisational processes at an unprecedented scale, offering the potential to boost productivity, streamline operations, and enhance decision-making.
However, these advances come with significant risks, particularly the displacement of jobs in roles heavily exposed to automation. This report examines both the opportunities and challenges posed by AI, providing an in-depth analysis of its impact on workers, businesses, and the future of financial services in Ireland. Finally, it offers recommendations to support workers in Ireland's financial services sector as they navigate technological disruption."

Support: Digital