Gabriel Stengel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Generative artificial intelligence is reshaping the landscape of investment banking, particularly in roles traditionally held by junior analysts. AI technologies like those being tested at Goldman Sachs and other major banks are capable of performing tasks that previously took hours or even whole weekends for human analysts. This includes assembling PowerPoint presentations, crunching numbers in Excel spreadsheets, and refining language in financial documents. The widespread adoption of AI in banking could lead to significant changes in hiring practices, with the potential for fewer junior analyst positions and altered job responsibilities for those who remain.

United statesNew yorkGregory larkinMichael pizziStephen schwarzmanMichael bloombergJay horineGabriel stengelGoldman sachNick carcaterraChristoph rabenseifnerJulia dharJamie dimonKitty hawkDeutsche bankBehavioral science lab