Is AI finally starting to kill Equity Research?
Yeah I get the usual tropes of its connectivity to management and everything else and that is true
But call volumes I hear are way down in the last 5 months. Funnily just as buyside starts to ramp up using AI themselves. Total volume of calls to analysts seems likely to go down, even if quality and specificity goes up. But that's a terrible concoction... see newspapers etc.
Any counter views? But the hard data I'm hearing is makes me think this is clearly bad because of the lower demand for analyst time
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