I've heard that Kensho really changed the ER space by automating bulk of the report generation. Now I don't know how much of this is true.
So I wanted to ask. Whatbare the impacts of various AI and Natural Language Processing techniques to ER?
Have they impacted your daily schedule? Have they impacted your responsibilities somehow? Have number of job offering changed or not? How widespread is the acceptance of AI in ER? What do you think will happen in the future?
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The absolute crickets in this thread should tell you all you need to know about how quickly generative AI is penetrating ER departments
as in there's no one left to answer or no one bothers answering because they don't know wtf I'm talking about?
The latter. Maybe one day none of us will have jobs but so far nothing has changed.
even after BloombergGPT?
Yeah I think many people under-estimate how much of this business is relationship and insight driven. If it was all about analytics then we’re in trouble, but that’s just not the case.
Maybe none of this matters in 50 years but nothing has really changed now. Just think of how frustrating you get when an automated voice system doesn’t understand you, and how many people yell “representative” into those systems that have been around for decades. It’s fun to think about people’s demise but reality is not so easy.
I don't mean like people are gonna start losing their jobs. I mean like people could easily just go on chatGPT to help reduce the amount of time they spend on their research. If you know how to ask the right questions, then chatGPT/BloombergGPT like models can actually help you run through analysis given different assumptions.
I agree with fish eater.
I do a lot of market research on my own just for fun and just to learn - I think I spend a good 4+ hours a week just learning and digging deep into different types of industries (how it's constructed, what's growing, what are new things that are happening, etc...)
And I've started to use ChatGPT to basically automate all my research so I can just absorb the knowledge. One thing I've noticed is that ChatGPT gives you slightly different assumptions when they give you an analysis. And you can specify these assumptions most of the times.
What I usually do is the following - 1) Ask ChatGPT to give me a broad overview of a particularly industry/sector, 2) Ask specific follow up questions about a particular company or a market segment, 3) repeat again with different assumptions specified. With the amount of information I can then have at my hand and digest in matter of minutes, I could probably write a pretty in-depth industry report with.
This used to take me hours now it's minutes.
Haven’t seen it at all in my firm so far
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