Equity and Bond Analysts
Author: Trained equity and bond market analysts have
always been in very high demand, while the best and brightest are celebrities,
drawing sizable compensation packages. But given how AI has been reshaping
research and data modeling, will they be in demand in the coming years? I fear
the vast majority of them will be made redundant. Your thoughts?
ChatGPT: I think that the demand for equity and bond
market analysts will remain in high demand, but with a greater emphasis on
data-driven insights. As AI continues to become more sophisticated, it can help
provide more accurate predictions and analysis of markets. However, this
doesn't mean that human analysts will be made redundant; instead they can use
their expertise to interpret the data provided by AI and develop better
strategies for businesses and investors. In conclusion, while there may be some
displacement of roles due to automation, human analysts still have an important
role to play in investment decisions.
Author: Fair enough! But their training is generally
in finance, with MBA (Finance), CFA, etc., and virtually no in-depth training
in data sciences, so that it will be a sea change for them. Can they promptly
adapt to it and still maintain their relevance internally and prominence
externally?
* To fully explore the rest of the chapter, I recommend obtaining a copy of my book on Amazon. Here are the links:
Kindle version: https://www.amazon.com/dp/B0C5TR7FZZ
Paperback version: https://www.amazon.com/dp/B0C5P7M5XB
Hardcover version: https://www.amazon.com/dp/B0C5PFZVG1
PDF version (non-Amazon): https://payhip.com/b/7r4j8
No comments:
Post a Comment