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[quote=Anonymous][quote=Anonymous]
I know that no MD at an investment bank or PE firm is going to learn to use it…so they will still need analysts to churn shit out.[/quote]
+1 the people who will be employable are the ones who know how to use AI well to do their jobs.  It's not like you just hire one person to do all the stuff that needs to be done within an organization.  You just need 5 vs when maybe 25.  You also have to verify the AI output. [/quote]

So if you just need 5 vs 25, what happens to the 20 college-educated kids?[/quote]

It won't be 5 vs. 25...it will probably be more like 15 vs. 25 because as an example in the IBanking world if an MD decides to do a marketing/sales trip to SV prior to AI they may have analysts produce 5 pitchdecks on transactions to pitch to companies.  Now with AI they will have them produce 25 pitchdecks in the same amount of time.  They probably won't pitch all 25, but they will look at them and select the best 10 ideas.

To answer your question...you have to believe that AI will spawn new industries and new jobs that these people will take.  Think of all the jobs the Internet created while at the same time the number of travel agents has declined I think 95%.[/quote]

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