Will investment bankers ever cease to exist in as they are now? Will their required skillset shift? Do I need to spend less time watching porn and more time learning how to program?
| +175 | Americas M&A League Table Q2 Updated | 72 | 3h |
| +132 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 2d |
| +97 | Restructuring: Anti-climactic Experience | 21 | 2h |
| +71 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 1d |
| +63 | IB Net Worth / Savings Check | 23 | 44m |
| +51 | Boutique firm wants access to my LinkedIn? | 41 | 8h |
| +38 | Investment Banking is Hard | 17 | 3h |
| +33 | Investment Banking in Mexico | 9 | 2d |
| +29 | PWP vs BofA | 21 | 21h |
| +22 | Who pays the highest right now? | 12 | 2d |
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.
No, cumm away brother
Short answer, yes.
They won't cease to exist but whoever thinks that the nature of the job, at least at lower levels, won't change is in denial.
Technology will impact every industry. For better or worse.
This question bubbles up every so often. Probably not. There is too much in banking that is an art, not a science. Will computers deliver books to an MDs house?
An analyst role is so much more than quantitative analysis. Right?
I'd say that computers won't replace IB for a while. In short, would you trust a computer to run your next deal process? I have no doubt that a sufficiently advanced AI could find the 'real' best capital structure or give the fairest fairness opinion, but I'm not sure if a computer can pitch.
If someone could make an intelligent machine watch 10000 hours of real assignment pitches and look at every pitchbook ever made, I don't believe it would win very many mandates, but who knows what we'll be able to do down the line.
Edit: completely forgot about part 2: you're safe to beat your meat, for now.
No.
Humanity will be replaced by computers
Aut qui est voluptatibus temporibus fugiat. Et iure aut ad qui a. Harum est neque dolorem vel dolores quo. Ut quaerat ut odio ut et. Dolorem odio eius quasi sapiente iure.
Voluptates officiis eos expedita amet quos aut repellat. Eos aut non rerum odit qui explicabo dolores. Iusto quibusdam beatae doloribus aspernatur quia unde. Deserunt deserunt voluptatum voluptatem cum explicabo aut ut molestiae.
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...