Maybe one day, sell-side research departments will look like the interior of the Discovery One in Stanley Kubrick’s 2001: A Space Odyssey: no desks, white and minimalist. In it will sit a HAL-like server offering, on command, reports on the three-year financial prospects for XYZ.com.
FTAV and others have hashed over the possibility that AI can replace hard-working City analysts (also this on coders). Mostly, the tone has been negative for their prospects, never mind for financial journalists.
But how about when you make the AI models analyse a company or sector, put together a predictive financial model and write a research note? Bernstein Société Générale tested this. The AI models started well, but then everything got a bit messy.
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