Can Generative AI Evolve from an Intern to an Analyst? - Financial Industry Challenge

2024/8/15 2:26 JST (some excerpts)
Hedge fund management companies are fighting to gain an advantage by utilizing generative AI
There is also an expectation that AI will be responsible for 7-80% of economist work in a few years

Chris Pullman, chief economist at hedge fund management company Variasny Asset Management, previously spent 2 days preparing a report ahead of the central bank policy meeting. The time spent on that work has now been reduced to just 30 minutes.　
　　It's all thanks to a new generation of generative artificial intelligence (AI) that has been powered up. An AI chatbot will take care of the time-consuming investigation work for you. It also summarizes the views of economists on Wall Street, creates charts, and pulls out the latest announcements from financial authorities. When Mr. Pullman enters a sentence, the AI program incorporates wisdom from all markets into the template and shows interest rate forecasts.