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.
Generative AI has landed on Wall Street. And investment banks are rapidly turning into Exhibit A on how the new technology could not only supplement but supplant entire ranks of workers
"How Leaders and Employees Can Be Partners in Change" In my TED Talk, I discuss how CEOs often have a disconnect with their frontline employees they rarely…
All jobs, especially those held by frontline workers, should have dignity and the ability to turn into great careers, says change management expert Adriann Negreros. From shift flexibility to ending work on time, he outlines what he calls the "handbook of humanity" people-centered ideas for change, rooted in empathy that, when implemented, can redefine the nature of frontline work.