Tuesday, August 13, 2024

"BloombergGPT is going to replace the analyst"

From Wall Street Fintech, May 9, 2023:

Analysts are fundamentally chat-based interfaces that senior finance professionals use to gather, organize, and output data

Forget about sentiment analysis, stock price prediction, and anything else that might be perceived as “alpha” generative. Large language models (LLMs) will disrupt financial services, but not because they’ll generate alpha. BloombergGPT won’t replace the partner. BloombergGPT will replace the analyst....

....MUCH MORE

Bummer dude, what's your Plan B?