Will AI and ChatGPT Replace Investment Banking Analysts?
Переглядів 22,693
День томуCan AI replace investment banking analysts? Or will it just help them work smarter and faster? In this video, we dive into how AI could transform the way investment banking analysts work, and what it means for their work-life balance.
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⏱Timestamps⏱
0:00 - Introduction
0:53 - Agenda
1:26 - How will AI change how analysts create PPT presentations?
5:08 - How will AI affect how analysts build financial models?
10:11 - Will investment banking analysts finally work less hours?
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@rareliquid 10 місяців тому
🖥Wall Street Prep🖥 ► Use code RARELIQUID for 20% OFF on any course! ► gv142.isrefer.com/go/rliquid/rareliquid/ 🍎Sign up for my courses🍎 ► How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8 ► How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA
@marianovallendor1529 11 місяців тому
I work in research in IB in jp. I am needing part 2 of this video now!
@AntonioLopez-ds5so 11 місяців тому
Aaaaaamazing video, Rare. Keep it up, brother 💪🏻💪🏻
@UNKNOWN-1589 11 місяців тому
Ben only be posting just world class videos , it’s incredible. ✌🏻
@ecccc758 11 місяців тому
Would love more videos covering AI and your thoughts for every development there is!
@barryaherne215 11 місяців тому
Cool video! Can you see AI having any effect on rareliquid's business model and the products you will sell? Have you thought about how you could use it to your advantage? Great video as always 👌
@PS-ro8er 11 місяців тому
Haha just a few days ago I was looking for the answer to this question, thanks Ben
@rareliquid 11 місяців тому
np!
@jeremyhuang9833 11 місяців тому
Do you think that as productivity increases, banks will look to take on even more deals and therefore not really change the working hours? Perhaps see a combination of middle markets with the bulge brackets?
@perpetualsteak9470 11 місяців тому
Is there a list of target schools for IB?
@zachgoldstein2963 6 місяців тому
what ai copilots have you tried for financial modeling use cases? read thru the above comments. looking for updated suggestions. thanks
@armitageshanks2499 11 місяців тому
You can't take the banking outta the man 😂😂😂
@adamkulikowski2495 11 місяців тому
If one bank uses AI, it’s gonna beat other banks in deal flow. So in the end all banks will adopt AI and hours are same.
@mattdaemontargaryen5256 11 місяців тому
You're really resourceful bro you should apply for JP Morgan
@mohamedmohamedabdallah13 11 місяців тому
very nice video
@armitageshanks2499 11 місяців тому
Imagine graduating triple honours from HSW then working on fixing double spaces and font sizes 😂😂🤣 HF all the way
@rareliquid 11 місяців тому
lol
@mjcooler6229 11 місяців тому
Hey i know this has nothing to do with the video but what’s the easiest way to convert a fiscal year to a calendar year? Is there a quick way or do you have to add the quarters
@rareliquid 11 місяців тому
most accurate is adding the quarters. otherwise take the % of each year and multiply to each relevant line item for ex if fiscal year is 6/30 and you’re calendarizing for 2022 then you’d take 50% x 2022 + 50% x 2023
@rupertmiller4718 11 місяців тому
An interesting one. Analysts haven't exactl;y been covering themselves with glory this last earnings season. The number of reports of analysts being surprised by earnings at the nasdaq companies in particular is somewhat alarming. If you know the companies you cover reasonably well and you know their product, you should not be continuously being surprised. Would AI do any better, probably not, but just not being worse might be enough. I hope not but it would be good to see analysts raise their game a bit.
@AN3MY 4 місяці тому
You misunderstand the banking model fundamentally. Theyre not paid to be right. Theyre paid to produce marketing materials.
@rupertmiller4718 4 місяці тому
@@AN3MY no not really, are you a banker?
@Frnd4Ever 11 місяців тому
Will definitely reduce the number of vacancy of human in the area. As Human with tool like GPT can do much more work.
@Brodragon2225 11 місяців тому
Survival of the fittest
@bewater28 10 місяців тому
Then there will be more work in all the industries since everybody's gaining productivity hence no change. But maybe u don't get a job if u don't know gpt, just like u don't get a decent job if u don't know how to use a computer now, or a factory machine two hundred yrs ago. Ofc it's gon be ez to pick up for the younger generation and old ppl will b retiring anyways hence not much change after all.
@Brodragon2225 10 місяців тому
@@bewater28 nope ai is made like Jarvis to replace humans mostly but yes jobs will remain but very less very very less
@Napoleonvanderbilt 11 місяців тому
Is there any fututre for High Schoolers who just want to do M and A, investment banking sales and financial modeling. No quant, no coding and so on. Just good old fashioned sales, and still make ungodly amounts of money?
@ajpimentel5717 11 місяців тому
No it’s not the 80s any more. If you want to make ungodly amounts of money you need to do ungodly amounts of work
@resa574 11 місяців тому
It's not ungodly amounts of money lol, those days are behind us pre 2008. Finance is a contracting industry: too much competition in the HF/PE/VC/IB space AI is going to monopolize the tech industry into a couple of winners while cutting employees and thinning the team eventually. Arguably the most potential opportunity is in Biotech, but again risky
@DEXYDEVIL 9 місяців тому
@@resa574should I pursue investment banking?
@xxyanlixx 10 місяців тому
Im kinda glad im in manufacturing now. Unless AI can suddenly source materials and assemble an electronic gadget, otherwise my industry should remain the same. Right?
@HomoOeconomicus999 11 місяців тому
Just the 90-hour working week will become 40 hours.
@rareliquid 11 місяців тому
not for a while imo unfortunately
@AlexanderFrey 11 місяців тому
first step ukposts.info/have/v-deo/o2d0l2NrqZqCkac.html
@BeamJadeniphit 11 місяців тому
❤❤❤
@nev6250 11 місяців тому
Hi Ben Did you travel for work when you were an analyst? Is it common to do so?
@rareliquid 11 місяців тому
nope not that common maybe few times a year
@nev6250 11 місяців тому
Did you travel via plane? Or was the distance short enough to travel via car/public transportation? Asking since I might have a passport issue, nothing illegal. Thanks for the reply. Have fun in Seoul!
@andyangchannel 11 місяців тому
The job won’t be replaced but it will be made easier😄
@UnionPacific1997 11 місяців тому
As long as your boss, CEO, and overlord aren't greedy
@pietromicelli11 11 місяців тому
GOAT
@Bhilon 2 місяці тому
No because Microsoft wants people to suffer hence Elon musk suing. Bloomberg funding wef instead of open sourcing his terminals that could really help everyone
@mqttia-1924 11 місяців тому
If modells are automated Investmentbanks wont need that much if analyst
@ask_why000 11 місяців тому
I don't really believe in an AI revolution. The only place it might have true enroads is financial services. AI will absolutely destroy investment banking. Just turn on a program and set the parameters and why would you need so many active managers?
@mauvehawaii 11 місяців тому
no because IB analysts don't have technical skills. they're even the least technical of all the finance analysts. hence chatgpt can't replace them, because their job is not technical.
@armitageshanks2499 11 місяців тому
?????? IB analysts are arguably more technical than ER and AM analysts, and hands down undoubtedly more technical and faster than the typical FP&A/ corpfin analyst
@oluwamurewaadesanya1385 11 місяців тому
Sorry chad
@rareliquid 11 місяців тому
no one feels sorry for chad
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