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I thought the same thing when I was watching a friend do this work at 2 AM on a Friday night. Then I realized it doesn’t cost the investment bank a single penny
by No1 6y ago
I thought the same thing when I was watching a friend do this work at 2 AM on a Friday night.
Then I realized it doesn’t cost the investment bank a single penny to ask an analyst to spend his weekend doing cut and paste work, whereas automating the process would cost something.
- frongpik 6y agoThe analyst will still work till 3 am, but will do 3x more spreadsheets. For the same pay.