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BERLIN, Jan. 14 (Xinhua) -- Bayern Munich overcame Mainz 2-1 on the goals from Franck Ribery and Javi Martinez to wrap up the 2017 Telekom Cup in front of 41.244 spectators at Dusseldorf's Espirt Arena on Saturday.


The German record champions have won the mini tournament, which is usually held in the summer, for the third time as they beat Mainz 2-1 in the final. Meanwhile, second division team and hosts Fortuna Dusseldorf finished on third after edging Monchengladbach 2-0.


Carlo Ancelotti's men caught a perfect start into the final as Franck Ribery capitalized on a one-two with Thomas Mueller to place the ball into the bottom left to mark the opener with four minutes played.


Mainz remained unimpressed and responded only four minutes later as Andre Ramalho unleashed a hammer from the edge of the box into the top left corner to restore parity.


The ""Bavarians"" grabbed the lead again in the 11th minute after Javi Martinez headed home a corner at the near post to make it 2-1 on the scoreboards. Mainz pressed for the equalizer but Bayern goalkeeper Manuel Neuer denied Jhon Cordoba twice to secure the victory.


Bayern should have added another goals to their lead but neither Martinez nor Joshua Kimmich were able to utilize their promising opportunities.


""It is always great to win. But, it is also important to make a good game,"" Bayern midfielder Franck Ribery said after the tournament.


Bundesliga front-runners Bayern Munich kick off the second-half of the campaign against newly promoted Freiburg on January 20.

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Technology has not only done away with low-wage, low-skill jobs, some of the more than 700 speakers said. They cited robots operating trucks in some Australian mines; corporate litigation software replacing employees with advanced degrees who used to sift through thousands of documents prior to trials; and on Wall Street, the automation of jobs previously done by bankers with MBAs or PhDs.


"Anyone whose job is moving data from one spreadsheet to another ..., that's what is going to get automated Cheap Nene Jersey ," said Daniel Nadler, chief executive of Kensho, a financial services analytics company partly owned by Goldman Sachs Group Inc (GS.N).


"Goldman Sachs will be in here in 10 years, JPMorgan will be here. They're just going to be much more efficient in terms of operating leverage and headcount," he added.


Big banks have slashed tens of thousands of jobs in recent years as businesses like bond trading have become less profitable. Under tremendous pressure from investors to boost profits Cheap Luc Mbah a Moute Jersey , but unable to grow revenue much, banks have increasingly turned to technology to reduce costs.


A Citigroup Inc (C.N) report in March suggested that more pain is on the way for financial industry staff. Citi's analysts predicted a 30 percent drop in banking jobs across the United States and Europe over the next decade.


Milken panelists noted technology's impact on work far beyond Wall Street.


Martin Ford, an author and entrepreneur, argued that while the so-called gig economy has created temporary jobs for independent contractors, the next step is to get rid of them. The ride-hailing service Uber Cheap PJ Tucker Jersey , for example, is investing heavily in building cars that do no need drivers, he said.

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David Siegel, co-chairman of the quantitative hedge fund Two Sigma, blamed technology for income problems that have led to political upheavals around the world over the past several years.


"One of the big causes for the stagnation of middle class wages is essentially because of clever computer programs," Siegel said during a panel about artificial intelligence.


Some panelists were less dire in their assessments.


Billionaire investor Steve Cohen said it would take awhile before robots replace stockpickers like himself. Kate Mitchell Cheap Clyde Drexler Jersey , co-founder of Scale Venture Partners, said freelance sites have allowed workers to supplement their income.


"It's easy to villainize technology," she said, "but there is a lot of opportunity there at the same time."

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