Charles Blain
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CREATING-LEVERAGE

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CREATING-LEVERAGE

Disruption Creates Leverage

When ATMs launched in 1967, bank tellers knew they were finished. The machines did everything a teller did for simple transactions. Cash withdrawals, balance checks, deposits. Banks installed thousands. The math was obvious: fewer human transactions meant fewer humans. Here's what actually happened: Bank teller employment went up.
30 Nov 2023 1 min read
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