StanChart CEO Bill Winters Apologizes for 'Lower-Value' AI Remarks After Colleague Backlash
Updated
Updated · Bloomberg · May 22
StanChart CEO Bill Winters Apologizes for 'Lower-Value' AI Remarks After Colleague Backlash
14 articles · Updated · Bloomberg · May 22
Bill Winters said in a Friday LinkedIn post that he was sorry after his wording on AI and “lower-value human capital” triggered criticism.
The Standard Chartered CEO acknowledged his “choice of words” had “caused upset to some colleagues,” framing the apology around the reaction inside the bank.
The backlash followed comments earlier this week about how artificial intelligence would affect lower-value roles, turning a discussion of AI's workplace impact into a reputational issue for the lender.
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