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In case the full title makes a difference it's "Why do traders in investment banks feel their jobs are immune from AI, automation, and deep learning?" cc @dang
by nstj 10y ago
In case the full title makes a difference it's "Why do traders in investment banks feel their jobs are immune from AI, automation, and deep learning?"
cc @dang
- huac 10y agoIt looks like the question title was changed, in order to aggregate similar questions/answers. Most of the answers answer the question in the current title. I agree that trading and IB is a big distinction, and traders are 1.5 feet out the door already.
- gaius 10y agoIt does make a difference. Investment banks employ traders sure, but "investment banking" as most people understand it is, M&A advisory, IPO underwriting, syndication and so on. These are relationship businesses first and foremost.