[Standard Chartered CEO: AI to Replace 'Low-Value Human Capital,' Cutting Over 15% of Support Roles by 2030] According to Bloomberg, Standard Chartered CEO Bill Winters stated that the bank plans to expand the application of artificial intelligence to cut over 15% of support roles by 2030, equivalent to thousands of positions. The bank currently has approximately 52,000 support staff located in India, China, Poland, Singapore, and Hong Kong. Winters emphasized that this move involves replacing 'low-value human capital' with technology and capital investment, targeting job functions being replaced by machines rather than simple layoffs, with affected employees receiving advance notice. The report also noted that Wall Street banks such as JPMorgan and Goldman Sachs are similarly accelerating the automation of their traditional 'human assembly line' business processes using AI, raising concerns among regulators about cybersecurity and systemic risks.