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00:00the year is 2025 the year is 2025 the year is 2025 a fierce quiet battle is unfolding not with
00:10armies but in the server rooms of new york and the innovation hubs of toronto the prize financial
00:15supremacy the old rules no longer apply technology has rewritten the game this isn't just about
00:21salaries it's about a fundamental shift in what it means to work in finance success is now measured
00:26by how fast you adapt to generative ai digital currencies and automation the real competition
00:31who's building the smarter banks pay now reflects this technological arms race your value is tied to
00:36your ability to work with intelligent machines the outcome will shape not just paychecks but the
00:41economic destiny of north america imagine starting your day at a major bank one of those glass towers
00:49in the heart of the city where the pace is relentless and the stakes are high you grab your coffee badge
00:54in and settle at your desk ready for another day of high stakes decisions and fast moving markets but
01:00today something is different your first meeting isn't with your manager or a client but with an ai
01:04this isn't science fiction it's the new normal your digital colleague greets you on your screen
01:10ready to help you tackle the day's challenges overnight this ai has sifted through mountains
01:15of data market trends client portfolios regulatory updates processing information at a speed no human
01:21could match it's already flagged key risks spotted new opportunities and summarized everything you need
01:26to know before you've even finished your coffee your morning briefing once a tedious manual task is now
01:31drafted and personalized by your ai assistant it highlights urgent issues suggests next steps and even
01:37predicts which clients might need extra attention today for many financial professionals in 2025 this is daily
01:43reality generative ai isn't just a tool it's the engine driving the modern bank it's transforming how work gets done how
01:50teams collaborate and even how people are compensated the old way of working endless spreadsheets late
01:55night number crunching is fading fast now ai automates routine tasks from compliance checks to transaction
02:01monitoring freeing up your time for higher level thinking you're no longer bogged down by repetitive
02:06work instead you're focused on strategy innovation and building relationships areas where human judgment and
02:12creativity shine it's no wonder that 60 of u.s bank executives now list generative ai as their top
02:18investment priority by the end of the year ai will handle up to 40 of daily workloads fundamentally
02:24reshaping the industry's landscape but this isn't about replacing humans with machines it's about
02:29augmenting your abilities making you faster smarter and more effective those who master these new tools
02:34become indispensable commanding higher salaries and greater influence the bank now pays for your ability
02:40to amplify your skills with technology not just your hours at a desk the message is clear adapt and thrive
02:46or risk being left behind the pace of change is accelerating and those who resist will find
02:51themselves outpaced by colleagues who embrace the future banks are investing heavily in upskilling
02:56their teams offering training and resources to help employees harness the power of ai those who take
03:01initiative learn new skills and collaborate with their digital colleagues are shaping the future of
03:07finance banks that integrate ai most effectively are already offering better products faster service and lower
03:13fees putting pressure on rivals to keep up the race to implement ai is a race for survival for market
03:19share and for the highest pay in this new era your partnership with machines will determine your
03:24future earnings your career trajectory and your place in the rapidly evolving world of banking
03:32the promise of artificial intelligence is no longer just a vision for the future it's a living
03:37breathing reality in north american banking today from the moment you walk into a modern bank branch
03:42or even just open your banking app ai is quietly working behind the scenes to make your experience
03:47faster safer and more personalized than ever before the transformation is visible everywhere from digital
03:53displays and lobbies to the seamless intuitive interfaces on your smartphone take morgan stanley for
03:58example their advanced ai tool now listens in on client meetings transcribes conversations in real
04:04time and instantly generates detailed summaries it even drafts personalized follow-up emails ensuring
04:09nothing falls through the cracks this technology is saving financial advisors countless hours each
04:14week freeing them to focus on building relationships and offering strategic advice rather than getting
04:19bogged down in paperwork and manual note-taking but the impact of ai goes far beyond just wealth management
04:25at alley financial ai is at the heart of personalized marketing analyzing customer data to deliver offers
04:31and services tailored to each individual meanwhile insurance giants are harnessing ai to completely
04:36revolutionize how they underwrite policies and process claims automated risk assessments and real-time
04:42claims processing are making insurance faster more accurate and more customer friendly than ever before
04:47behind the scenes in the back offices of banks and insurance companies ai is now the first and
04:51most vigilant line of defense against cyber threats sophisticated algorithms scan millions of transactions
04:57and data points every second detecting suspicious activity and potential breaches in real time
05:02this proactive approach is helping financial institutions stay one step ahead of increasingly complex
05:07cyber attacks protecting both their assets and their customers sensitive information in canada banks are
05:12investing heavily in modernizing their legacy systems integrating ai to boost both security and operational
05:18efficiency these upgrades are not just about keeping up with the times they're about future
05:22proofing the entire financial system ensuring that banks can adapt quickly to new challenges and
05:27opportunities as they arise all of this innovation has sparked an intense competition for top ai talent
05:33banks on both sides of the border are racing to recruit the brightest data scientists machine learning
05:38engineers and ai specialists the demand is so high that companies are offering unprecedented
05:43salaries perks and opportunities for growth hoping to attract the minds that will shape the future of
05:48finance in fact the salaries for elite ai professionals in toronto now rival those found in new york
05:54reflecting the city's emergence as a global tech hub this shift is drawing talent from around the
05:59world fueling a new era of innovation and competition in both cities thanks to technology
06:04geography is no longer a barrier remote work and digital collaboration tools are leveling the playing
06:08field allowing banks to tap into a global pool of talent teams can now work seamlessly across borders and
06:14time zones bringing together diverse perspectives and expertise to solve complex problems for those with the
06:20the right skills the opportunities are immense banks are willing to pay a premium for professionals who
06:25can help them build the future whether it's designing smarter algorithms creating more secure systems or
06:30developing new customer experiences powered by ai the way banks operate and the people they value most
06:36are being transformed before our eyes as ai continues to evolve it's not just changing how banks work
06:42but also who leads the charge into this new digital era a clear gap is emerging pioneers versus followers
06:52pioneers invest heavily in ai and deploy at scale reaping higher profits and offering bigger paychecks 74
06:58of pioneer firms see over 10 roi from ai compared to just 44 of followers pioneers democratize technology
07:06more employees get access to ai tools making them more valuable at follower firms skills risk
07:11becoming obsolete the u.s leads with more pioneer firms setting the pace for innovation and pay
07:16canadian banks known for stability are fast followers or pioneers in responsible ai
07:21the pressure is on lead the charge or risk being left behind the divide isn't just about technology
07:26it's about who gets paid more every institution must choose pioneer or follower the stakes are higher than ever
07:35in 2025 the most valuable currency is your ability to learn and adapt
07:39degrees and experience aren't enough upskilling is now the key to higher pay banks hire for what you
07:45can learn not just what you know even top executives are going back to school for ai upskilling opens
07:51new better paid roles those who embrace it move from being automated to managing automation banks invest
07:56in training because a future-proof workforce is more valuable than constant hiring your salary growth
08:02is tied to your learning agenda those who experiment with ai and digital tools are positioning themselves
08:07for the best jobs in 2025 your willingness to learn is your greatest financial asset
08:16the us is sprinting pouring billions into ai driven by fierce competition and a massive market
08:22in cities like new york and san francisco the energy is palpable startups and tech giants alike are racing
08:27to out innovate each other fueled by venture capital and a relentless drive to be first the american
08:33approach is all about speed disruption and capturing the next big opportunity before anyone else can
08:38this creates rapid innovation and high salaries for tech finance roles but also volatility
08:43and job displacement the pressure to perform is intense and companies pivot quickly sometimes
08:48overnight for many this means the chance to work on groundbreaking projects and earn top dollar
08:53but it also means living with uncertainty layoffs can come suddenly and entire teams may be
08:58restructured as priorities shift the rewards are at the cutting edge those who thrive in this environment
09:04can see their careers skyrocket gaining experience with the latest technologies and building networks that
09:09span the globe the u.s tech scene is a magnet for ambitious professionals who want to make a mark and
09:14aren't afraid to take risks canada takes a marathon approach focused on stability security and responsible
09:21adoption in cities like toronto and vancouver the pace is more measured canadian companies are careful
09:27often piloting new technologies before rolling them out widely there's a strong emphasis on ethics
09:32regulation and making sure that innovation benefits everyone not just a select few canadian banks
09:38implement proven tech carefully ensuring long-term trust and job security the financial sector in
09:43particular is known for its cautious approach prioritizing customer protection and regulatory compliance
09:49this means fewer dramatic swings but also a sense of security for employees who know their
09:54roles are valued and protected the pay gap for top ai talent between toronto and new york has narrowed as
10:01canadian companies invest more in technology they're able to offer salaries that rival those in the u.s
10:06especially for highly skilled professionals this shift is attracting global talent to canada
10:11drawn by the promise of both competitive compensation and a more balanced lifestyle canada offers competitive
10:17salaries with more stability employees enjoy generous benefits supportive work environments and a culture
10:22that values work-life balance for many this means less stress and more time for family hobbies and
10:27personal growth without sacrificing career advancement for professionals it's a choice the u.s sprint or the
10:33canadian marathon some are drawn to the excitement and potential windfalls of the american market while
10:38others prefer the steady reliable growth offered north of the border it's about aligning your career with
10:42your values and risk tolerance both paths offer opportunity but the risk and reward profiles differ
10:48the u.s promises rapid gains and the thrill of the unknown but with higher stakes canada offers a safer
10:54more predictable journey where progress may be slower but the foundation is solid the u.s is for those
10:59who thrive on speed and change if you're energized by competition and constant evolution america's tech
11:05scene is your arena canada is for those who value balance and security here you can build a rewarding
11:11career without sacrificing your peace of mind or personal life the future belongs to those who pick the right
11:17pace whether you choose the sprint or the marathon success comes from knowing which path fits you best
11:25two forces are reshaping finance robo-advisors and central bank digital currencies cbdcs robo-advisors
11:32have gone mainstream managing trillions and pressuring traditional advisors to offer more value
11:37advisors who adapt thrive those who don't see pay decline meanwhile the u.s and canada are piloting cbdcs
11:44digital dollars issued by central banks cbdcs could revolutionize payments cross-border transactions
11:50and even how salaries are delivered banks need new infrastructure creating demand for blockchain and
11:55digital payment experts these roles command premium salaries the future of finance is digital and
12:00those who master new forms of money will be highly paid the next wave of financial opportunity is already
12:05here the tech transformation in finance is fueling national economic growth ai driven productivity
12:14could add trillions to global gdp by 2030 with north america poised to benefit countries with more
12:20pioneer firms will see the biggest gains as banks become more efficient they invest more in r d and fuel
12:25other industries this creates new higher paying jobs data scientists ai ethics officers digital currency
12:31experts the old ladders to success are gone new ones are being built the us and canada push each
12:36other to innovate strengthening the whole region the result a more robust resilient financial system
12:41the technological race will lift both nations fortunes and create new opportunities
12:49so who pays more in 2025 the usa or canada for elite ai and blockchain experts the u.s still offers the
12:55highest ceiling but for most skilled professionals canada's competitive pay and quality of life have
13:00closed the gap the real determinant isn't your passport it's your skills the highest earners are
13:06those who embrace technology and continuous learning the pioneer versus follower divide exists at the
13:11individual level too your commitment to innovation defines your value the power has shifted to the
13:16adaptable individual the real winner the lifelong learner in this new era the money flows to competence
13:22and that's entirely within your control
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