What is funny is I end up in debates with people whether this will even happen, like it is something that is up for dispute.

Isnt it ironic that every major tech titan who has weighed in on the subject says that there will be massive job loss due to the technological advancements we are going to see over the next 5-10 years. Of course, this is supported by organizations from Morgan Stanley to the World Economic Council and their research.

The financial arena is primed for total technological disruption. They started 15 years ago with the research and implementation of computerization. It is really suited for automation since it is a numbers based industry. Fast forward 15 years and you see the loss of traders, brokers, and even analysts. I wrote a blog post about this very thing earlier today.