Technological advancements in IB

A while back I read an article about Lazard and Peter Orszag. In that article, one paragraph read: "True to his wonkish background, Mr Orszag is emphasising data analytics as a strength. He said Lazard has just won its first client mandate where it had used machine learning and natural language processing in its analysis." (SInce I am new here, I am not allowed to post the link of the article.)

I assume they are talking about a mandate related to M&A, but I could be wrong. Does anybody know if more companies use technological advancements (i.d. AI/ML/Big Data) to automate parts of the classic IB business (e.g. M&A, Restructuring etc.)? Will people without technological skills (i.d. programming skills) become obsolete in the future? Are other IB busy with creating software to help or replace analysts?

I would love to hear more information or opinions about it. Thus, if you have a good read, observation or opinion on the topic please share. I found one read that looks interesting: "Corporate Finance and Machine Learning" by Bo Meng.