AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds
AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds
www.businessinsider.com AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds
"The easy idea is you just replace juniors with an AI tool," a Deutsche Bank chief strategy officer told the New York Times.
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If all the AIs glitch in the same way it could cause a financial crash
8 0 ReplyBlackrock used a "ai" (or whatever nowadays qualifies as such, as all "ai" is just Algorithms) for years
7 1 ReplyWhy are you putting AI in quotes? Of course AI is an algorithm, what did you expect it to be lol.
2 7 ReplyBecause there is no intelligence in it. The therm "Artificial Intelligence" ("AI") is just wrong its the same type of algorithm thats common since the early 2000s just with more data and CPU power.
9 3 Reply
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