bank tellers
also referred to as: bank teller
4 statements across 4 episodes · 2 bullish · 1 bearish · 4 people on the record · first statement Jan 2, 2019 by Alex Rampell · across every show →
Everything said about bank tellers, oldest first
Jan 2, 2019 negative
Jan 2, 2019 neutral
Chen: The introduction of ATMs actually increased total U.S. bank teller jobs
“After the introduction of the ATM for banking, the total number of bank tellers in the country increased, right? Because what we did was we built banks with ATMs in convenient places and put tellers in them. So we expanded the reach of banks so that you're, yo…”
May 25, 2023 positive
Ismail: ATMs lowered branch costs 10x without reducing bank teller jobs
“When we looked in the past, when we've had disruptive technological innovation,
To come in and completely clean up.
We found that we don't lose jobs.
What we do is we increase capacity.
I'll give you a very clear example, which is in the seventies, we created …”
Apr 23, 2025 positive
Vance: ATMs increased financial sector employment and wages
“In reality, the advent of the ATM made bank tellers more productive, and you have more people today working in customer service in the financial sector than you had when the ATM was created. Now they're doing slightly different jobs, of course. Yes, they're do…”