Inside OpenAI’s plan to automate Wall Street
Update: 2025-10-30
Description
Revolutionizing Wall Street: AI Takes Over Junior Analyst RolesIn a groundbreaking move, OpenAI's Project Mercury is transforming Wall Street by teaching AI to handle tasks traditionally done by junior analysts. With former bankers from top firms training AI models, the job pays a staggering $150/hour, challenging the classic boot camp experience and entry-level banking jobs. While some fear full replacement, experts like Rob Langrick from the CFA Institute see it as an evolution, with new roles requiring both technical and interpersonal skills.
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