Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
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Source: Yahoo! Finance
Thus far, frontline jobs like fast food and trucking have been consumed by AI, but there's ruminating fear that this nascent technology could eliminate even the most high-paying and highly skilled jobs. Take entry-level Wall Street banking jobs, for example. Incoming junior analysts could be in danger of losing their jobs to AI, according to a recent New York Times report . Indeed, big firms are reportedly considering pulling back hiring as much as two-thirds as Wall Street relies more on AI, several people familiar with the matter told the New York Times. This includes people working at the most renowned firms, including Goldman Sachs and Morgan Stanley . These companies did not respond to requests for comment from Fortune The junior analyst position at big banks is highly coveted, mostly for its pay and for the career path it bestows upon new employees. These workers are typically tasked with researching financial trends, valuations, and economic data to evaluate risk in any new
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News
- Barclays Says It's Winning Asia Banking Business From US Firms [Yahoo! Finance]Yahoo! Finance
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- Are stocks overvalued? Here's what the key numbers say [Yahoo! Finance]Yahoo! Finance
- Japan's Debt Dilemma May Doom Any FX Intervention, Brooks Says [Yahoo! Finance]Yahoo! Finance
- Japan's Debt Dilemma May Doom Any FX Intervention, Brooks Says [BNN Bloomberg (Canada)]BNN Bloomberg
GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- GS's page on the SEC website