I’m having a thought that GPT 4.0 can be used for building excel models ( by generating VBA scripts ) and generating emails and reports and summaries and analysis in pitch decks. When Microsoft embeds GPT into Excel and PPT, maybe it can change the fonts and colors upon English instructions by generating invisible machine codes. Example: tell GPT to “change all footnote to font 10 from page 15 to page 30”, then GPT does it.
How legitimate is this idea ?
| +136 | How to stop feeling like shit for not making it in IB? | 52 | 6h | |
| +103 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 49 | 11m | |
| +66 | Updated LA Banking Scene (2024) | 49 | 9h | |
| +57 | Why Is It Called Investment Banking? | 19 | 17h | |
| +38 | Ranking banks that went under | 19 | 11h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 17m | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 3d | |
| +30 | Burnt Out M&A ASO | 15 | 1s | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 8h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump
Bump
Yes ChatGPT probably has the potential to help many white collar workers outsource grunt work, back-end work, repeatable work to AI. This will probably lift worker productivity considerably. Now the question is how do companies react to that? Lay workers off? Or rather spread workers across more projects to boost revenues
Who knows what will actually happen. Time will tell. AI is an exciting innovation.
Bump
Long term probably means less Analyst and Associate seats across the street as the AI makes people more productive. Plus great for seniors so they can keep a higher % of what they bring in, all else equal.
We gotta make it to the mid / senior level before AI takes our job.
This is what i'm expecting. Instead of a triangle it'll be more of a cylinder with very lean teams. but that's probably 5 years to a decade out, better make at least a VP or D by then.
Some of this will likely be done by ChatGPT and the rest one by office 360. Our firm doesn’t allow office documents or models on the cloud, so unlikely to be impacted soon.
Microsoft owns the Office Suites ( Excel PowerPoint etc ) which are the most trusted softwares in all highly-regulated industries. And the owner of ChatGPT also happens to be Microsoft 🤯 I don’t think this is a coincidence. They’re up to something.
yeah they announced it months ago:
https://blogs.microsoft.com/blog/2023/03/16/introducing-microsoft-365-c…
Microsoft owns a minority stake of Chat GPT but ok. And yes they are - search up CoPilot
Dolorem nihil cumque nesciunt voluptatem saepe velit voluptatem et. Incidunt sint aut corporis amet. Nobis perspiciatis quaerat dignissimos. Voluptate temporibus cumque porro. Incidunt asperiores voluptas nihil dignissimos non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...