Human Interface Over Robots in Banking

The report discusses the impact of robotics on banking and whether humans are still better trusted than robots. It highlights the benefits of robotics, including operational efficiencies and increased productivity, but also notes that humans excel in areas such as creativity, relationships, moral and ethical decisions, and non-routine problem solving.

Running head: HUMAN INTERFACE OVER ROBOTS
HUMAN INTERFACE OVER ROBOTS
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Executive summary:
The aim of the report was to analyze the change that robotics has introduced to the face of
banking and the ways in which humans are still better trusted than robots. A media survey
relative to this was conducted. The results indicate the advantages of robotics and human
efficiencies. The report concludes that even if robotics is beneficial, humans in important ways
surpass robotic implications.

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Table of Contents
INTRODUCTION:..........................................................................................................................3
DISCUSSION:.................................................................................................................................3
Human Interface Over Robotics:.................................................................................................3
CONCLUSION:..............................................................................................................................4
REFERENCES:...............................................................................................................................5

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INTRODUCTION:
In the age of growing technology, it is intellectual to use tools and machines. This report
insights the ways robotics is transforming banking and yet, some reasons humans are reluctant
towards trusting a robot.
DISCUSSION:
Robotics enhanced with artificial intelligence is the trend in market, changing the market
growth considerably, introducing operational efficiencies of standardized levels (Vishnu,
Agochiya, & Palkar, 2017). Investments in robotics have seen an increment of 115% in 2015.
Robotics processes brought a notable time- management and costing efficiency, which in turn
increased productivity and financial stature. The application involving robotic framework is seen
to increase the transaction processes in banks. Software-Robotics is a helpful tool in computing ,
likewise humanoid robotics providing customer services along with robo-advisors implemented.
Human Interface Over Robotics:
Robotics undoubtedly, surpasses the humans in performances relative to physical,
computational and in vigorous ways, when there is a question of mechanical repetitive tasks. In
various ways though, humans are outstanding against the robot invasion ("The Four Things
People Can Still Do Better Than Computers", 2017).
Firstly, creativity is a human-forte, letting them think, out of a repetitive process, it is the
sheer creativity of humans that machines and robotics are present in this world. Secondly, in case
of relationships with clients and team members, this results in high-productivity. Thirdly, in the
matter of sales, the explanations about plans and products need to be clarified and addressed to

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repetitively. A good anchoring convinces the retailers. Next, Moral and ethical decisions are
dependent on human mind. They perform that better. Finally, humans can rule uninstructed
problem solving and non-routine physical work much better.
CONCLUSION:
Robotics eventually in important ways can benefit humans by increasing productivity.
However, evidently, humans prove to be more trustworthy and flexible.

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REFERENCES:
The Four Things People Can Still Do Better Than Computers. (2017). Fast Company. Retrieved
5 September 2017, from https://www.fastcompany.com/3014448/the-four-things-people-
can-still-do-better-than-computers
Vishnu, S., Agochiya, V., & Palkar, R. (2017). Data-centered Dependencies and Opportunities
for Robotics Process Automation in Banking. Journal of Financial Transformation, 45,
68-76.