According to God of Prompt on Twitter, Commonwealth Bank replaced 45 workers with AI to cut 2,000 calls per week, but after two weeks, rising call volumes and operational strain forced management to rehire staff, revealing limitations in AI-driven customer service (source: God of Prompt, Nov 9, 2025). The situation coincides with reports from Goldman Sachs predicting 200,000 banking jobs could be automated by 2030 and JPMorgan cautioning against new hires, yet recent Federal Reserve survey data shows only 1% of companies actually conducted AI-related layoffs this year (source: Fed survey, 2024). The episode highlights that while AI automation threatens certain tasks, true large-scale job replacement remains rare, and many AI layoff announcements may be used as negotiation tactics rather than genuine workforce reductions. For banking sector leaders, this underscores the importance of measured AI adoption, focusing on augmenting rather than outright replacing human roles, and the necessity to evaluate AI solutions’ real-world performance before scaling.