Funnily enough, LLMs are a lot better at producing good-sounding economic analysis than at coding. Software will continue to eat the world --including finance--

Funnily enough, LLMs are a lot better at producing good-sounding economic analysis than at coding. Software will continue to eat the world --including finance-- and that requires good coders. As for this UBS chief economist, maybe he's ready to replaced by an LLM: > In the fourth quarter of 2023, UBS's investment bank made a loss of either $169m before tax, or $280m when "items that management believes are not representative of the underlying performance of the businesses' are added back in."