AI could wipe out entire Wall Street teams. Here’s who will have staying power. - MarketWatch
1. Goldman Sachs' CEO emphasizes AI can handle IPO tasks efficiently. 2. AI tools are poised to disrupt traditional roles in investment banking. 3. Goldman's AI Assistant enhances productivity across various business processes. 4. Finance sector sees reduced demand for junior positions due to AI. 5. Overall, AI integration may lead to a 30% reduction in workforce.