MS bankers - beware AI?
Morgan Stanley is releasing a new AI tool called “debrief” to automate routine banker tasks. What can it do? Is it good? Will it start to reduce hiring needs soon?
"Routine banker tasks" seems like an exaggeration. The tool takes notes on a meeting and drafts an email which an individual has to sign off on before it sends. While it may save an analyst paying close attention during a boring meeting and fill in potential gaps in analyst notes, it by no means is revolutionary.
Also, the tool is for Wealth Management, not IB.
Hey bub, I advise you to have a little sensitivity. Imagine it was cramming ur mum's fanny snatch that they were trying to automate, then would you be so gleeful, when the entire street is trying to automatically cram it up in ur mum's fanny snatch? Exactly, so have a little humility and retract these statements immediately.
dude what are you even saying lmao
I'm saying what if the good lads turned your mum's chilli ring into a chilli bowl? What then?
What drug are you on, bro?
I'm high on confidence. If the rest of you want to clit-post about how AI is stealing the future and cramming it up OP's mother's big fat arse then that is your business. I just find it weird.
A couple of observations here.
1. Right now, this seems to be more on the wealth management side and is basically a re-skin of Zoom, Otter, Fathom, and the blue million other AI meeting summarization tools
2. There's a big, big difference between meeting summarization and preparing financial analysis in the way an investment banker would do
3. Time and again, I'm so disappointed with how unsophisticated businesspeople are with basic English language concepts. The word "briefing" refers to giving someone a factual summary of something. "Debriefing" refers to questions that are asked of someone after they have completed something in order to gain intelligence (e.g. asking WWII bomber pilots how their bombing missions went and what installations they observed on the ground). This Morgan Stanley "Debrief" solution is actually providing briefing, not debriefing, but I see people make this mistake all the time.
So if you pull me into a conference room after your comp meeting to tell me how it went, then you have just briefed me, whereas if I pull you into a conference room after your comp meeting to ask you how it went, then I am debriefing you?
Edit: Or are you saying that briefing is a verb but debriefing is a noun? Wtf is going on here m8 please help.
Edit2: Whew lad, I forgot that Google exists. Nvm, have a fine evening.
Sounds like you have a handle on it, m8. Let me know if you need anything.
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