Biggest Russian Bank to Replace 3,000 Employees With Robot Lawyer

Biggest Russian Bank to Replace 3,000 Employees With Robot Lawyer

Smart, time-saving computers are quickly elevating many professions. Instead of employing dozens of assistants to sort through endless paperwork, many companies are turning towards AI machines to perform routine tasks. Lawyer robots are creating a future in which the legal system becomes less costly and more efficient. However, there is a spoon of tar in this honey jar. Robots vs. Humans. Russia's biggest bank, Sberbank, has recently announced a launch of a robot lawyer which will be assigned a task to process letters of complaints. This innovation will result in the axing of approximately....


Related News

US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says

U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency Business The U.S. Federal Bureau of Investigation (FBI) has “practically kidnapped” Russian national Denis Dubnikov in Mexico, later arrested in Amsterdam on Nov. 1, his lawyer Arkady Bukh alleged,....

Report: Russia to See Its Own Banking Blockchain Consortium

According to a report, Russian payment platform Qiwi will create a blockchain consortium which will see Russia’s biggest banks at its members. In a move reminiscent of the private banking blockchain consortium led by New York-based R3, Russian payment operator Qiwi is reportedly looking to create a consortium for banks in the country. Qiwi intends to develop standards for the application of distributed ledger technology among banks, according to a report from Russian publication Izvestia. The Russian startup has sent invitations to Russia’s biggest banks including BIN Bank, Alfa Bank, and....

21% of Muscovites think crypto and digital currencies will replace fiat in te...

According to a recent poll, 14% of Russians think crypto will replace fiat in 10 years, while 39% think it's impossible to give up cash. New research from one of the top 10 major banks in Russia, Otkritie Bank, has found that 14% of Russians think crypto will replace fiat in 10 years. According to Russian publication Nord News, the survey was conducted between April 12 and April 16, with a sample base of 1000 Russians aged between 18 to 65 who live in cities with a population of over 100,000. The results varied between regions, with respondents from the Northwest having the least faith in....

Bitcoin Robot with $100 Arrested for Buying Drugs

In an effort to uncover the hidden darker parts of the internet, Swiss group Mediengruppe Bitnik created a bitcoin robot as an art installation. The robot is given $100 every week to purchase random items from Agora, an online marketplace where one can buy drugs and other illegal items. The bitcoin robot managed to use its $100 to buy Ecstasy, a Hungarian passport, and a baseball cap before getting arrested. Other purchases included fake Diesel jeans, a Sprite can with a hole cut out in order to stash cash, Nike trainers, a baseball cap with a hidden camera, cigarettes and the "Lord of the....

BTC Robot review Part 1

Meeting the company for the first time. I met Oleg at the North American Bitcoin Conference (in Miami), who was representing BTC Robot. They were one of the many exhibitors. I was already in search of a legit BTC Robot, so I was happy to see that this company was there and I could actually talk to someone. We agreed that Bitcoinist.net would try out their software and write a review. It is not a scam. Let me confirm one really important fact. BTC Robot (www.btcrobot.com) is NOT a scam. There is a real software behind it. BTC Robot Setup / Customer Service Experience. Shortly after the....