We humans always underestimate the time it actually takes for a tech to change the world. We should travel in self-flying flying cars and on hoverboards already but we're not.
The disseminators of so-called AI have a vested interest in making it seem it's the magical solution to all our problems. The tech press seems to have had a good swig from the koolaid as well overall. We have such a warped perception of new tech, we always see it as magical beans. The internet will democratize the world - hasn't happened; I think we've regressed actually as a planet. Fully self-drving cars will happen by 2020 - looks at calendar. Blockchain will revolutionize everything - it really only provided a way for fraudsters, ransomware dicks, and drug dealers to get paid. Now it's so-called AI.
I think the history books will at some point summarize the introduction of so-called AI as OpenAI taking a gamble with half-baked tech, provoking its panicked competitors into a half-baked game of oneupmanship. We arrived at the plateau in the hockey stick graph in record time burning an incredible amount of resources, both fiscal and earthly. Despite massive influences on the labor market and creative industries, it turned out to be a fart in the wind because skynet happened a 100 years later. I'm guessing 100 so it's probably much later.
So, as I said, we need to look at the legal situation at the same time. The assholery of the bank is possible due to the assholery of these OS restrictions and the duopoly of mobile OSs. Everybody wants to have a walled garden. Outlaw or at least restrict walled gardens.
One thing politicians like to say is that they want to protect consumers. Forcing consumers into walled, privacy-invading gardens for essential services such as banking should be a change item on their agenda.
So looking at the status quo you're correct. I'm just hopeful we can change that. I'm also looking at these mobile compute devices in our pockets as universal ones. They can run any instruction set that doesn't burn their hardware. All of these restrictions - chipped components, unaltered OSs, software only from one place - are man-made/big corp imposed. With a view to a walled garden. That's where the law needs to intervene so you can bank safely from where you want.