tech
Exclusive: BNY CEO tells incoming analysts to embrace AI
The letter comes as financial analysts rank among the jobs viewed as vulnerable to AI displacement.
TL;DR
- BNY CEO Robin Vince advises new analysts to experiment with AI to simplify their work.
- Financial analysts are among jobs considered vulnerable to AI displacement.
- Vince views AI as a 'capacity creator' and believes in a 'people-powered organization'.
- BNY employs over 140 autonomous digital employees and has an AI platform called Eliza.
- Eliza is model-agnostic and routes queries to the most suitable tool.
- Researchers from Stanford and Anthropic identify financial analysts as high-risk for AI displacement.
- The human-centric aspects of financial analysis are expected to remain crucial.