2 ms·
Yeah, I work closely with people in this space (on the in-house side). You're going to find very quickly that the LLM "analysis" isn't worth much more than the
by gamblor956 1y ago
Yeah, I work closely with people in this space (on the in-house side). You're going to find very quickly that the LLM "analysis" isn't worth much more than the paper its printed on. Due to management directives they have been testing AI tools for financial analysis for 2ish years now and the output is still about what you would expect from an intern who just started working in finance a few weeks before.
Gemini "analysis" looks superficially detailed but if you actually do any deep dive (or even a shallow dive) you're going to start finding all the things its wrong about because it's not actually analyzing anything; its just connecting most likely words together. Very crucial, because of the ways LLMs work, they can't generate any conclusion that isn't already in its data set. But it's exactly those sorts of non-obvious conclusions that are the reason you hire people to do Finance.
Will AI eventually take over these kinds of jobs? Sure, in 10 to 20 years when actual AI exists. But LLMs aren't AI. They're just brute-force black box machine learning algorithms.