Banks are preparing for AI-driven job cuts, now affecting not just junior roles but also mid and senior positions.
Some forecasts suggest up to 200,000 banking jobs could be affected globally in the next few years.
The saddest thing about youth unemployment is that many young people did exactly what society told them to do: study, qualify, work hard. Yet opportunities remain out of reach.
Here is the complete architecture of how you keep a poor country poor while convincing its educated class that this is their own fault:
Step one: During colonialism, extract capital, destroy domestic industry, structure the economy around export of raw materials.
Step two: Grant formal independence while maintaining the economic structure, the debt obligations, the currency arrangements, and the trade relationships established under colonialism.
Step three: When the economy underperforms, as it must, being structurally designed for extraction, not development, offer loans conditional on policies that deepen the existing structure.
Step four: Train the country's economists in Western universities where the theories taught do not acknowledge steps one through three as economically relevant.
Step five: Staff international institutions and domestic finance ministries with these economists.
Step six: When the policies fail, attribute failure to cultural factors, corruption, and weak institutions.
Step seven: Publish a report with recommendations.
Step eight: Return to step three.
The machine runs on its own now.
The colonial administrator retired.
The indebted finance minister presenting his structural adjustment plan to the IMF board doesn't think of himself as administering colonialism.
He has a PhD from LSE.
He genuinely believes the model.
This is not a conspiracy.
It is an education system.
Hello everyone joining us kesho:
1.Dress comfortably.
2.Let’s arrive as early as possible so we can save time.
3.Carry your social battery — it will be fun! 😄
4.Bring your ORIGINAL ID or Passport (required).
5.Carry drinking water to stay hydrated.
6.Feel free to tag along with unregistered friends who are not in this group.
7.If you have a Bluetooth speaker, please carry it for some music and vibes. 🔊
8.Ensure your phones are fully charged or carry a power bank. 🔋
9.For those interested, we’ll also create TikTok and social media content. 🎥
Looking forward to a great, impactful day together. Let’s make it count! 🇰🇪