Mortgage brokers may escape automation, realtors may not

A new study of hundreds of professions aims to predict the likelihood that they will be replaced by automation. The University of Oxford and Deloitte considered 366 roles from a wide range of sectors including legal, professional services and healthcare. The most at-risk job is telephone salesperson with a 99 per cent chance of being replaced by some form of automation, possibly a robot with artificial intelligence. For the real estate sector there is a specific mention of realtors and auctioneers while mortgage brokers would come under the financial advisor category. The analysts believe real estate agents and auctioneers are at “fairly likely” to be automated with a 68 per cent risk and coming 124th out of the 366 roles considered. Financial advisors are in a position that is “too close to call” with a 41 per cent risk and ranking 199th out of 366.
 

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