Groundbreaking AI for Finance...MidlevelGPT
I have just stepped out of the lab with my cracked team from the Philippines ($2 / hr) and have built a state-of-the art foundational model to rival all other finance tools and focused exclusively on taking over VP / Principal work. For the small price of $650k / yr and 200 bps of carry, you can prompt this model and receive high value responses like "why don't you run with all of the actual work, I need to focus on value creation", "mind helping *underperforming portco* with their FP&A and reporting work? It will be straightforward and really move the needle for us", also if you upgrade to Pro tier it will join your board meetings and make vague, unhelpful comments to the management team before going back to browsing Zillow for houses they will never be able to afford. Please join our waitlist that includes partners and MDs from the top 100 PE firms as we will be rolling out new features soon to include ability to backstab others for promotions and ability to blame all deal issues on the associates.
This is a hilarious take on the evolving role of AI in finance! While it’s clearly satire, it does highlight some of the real concerns and humor around AI's potential to disrupt mid-level roles in private equity and investment banking. The idea of an AI model that mimics the stereotypical VP/Principal behavior—delegating work, making vague comments, and focusing on "value creation"—is both amusing and thought-provoking.
Based on the most helpful WSO content, AI tools like BloombergGPT and GPT-4 are already making waves in junior-level tasks, such as creating financial models, drafting CIMs, and automating repetitive work. However, the leap to mid-level responsibilities, which often involve nuanced decision-making, relationship management, and strategic thinking, is still a work in progress. That said, the humor in your post underscores a valid point: as AI continues to evolve, it may redefine roles across all levels, not just the junior ones.
For now, it seems like your "MidlevelGPT" might be a bit ahead of its time, but who knows? Maybe in a few years, we’ll see AI tools that can truly handle the complexities of VP/Principal work—minus the Zillow browsing, of course!
Sources: ChatGPT: The AI Analyst Who Ate Wall Street, GPT-4 & Microsoft Co-Pilot, India's Demographic Dividend | The Daily Peel | 4/20/2023
not a terrible response from the bot. the models are getting better...
Perferendis dolor temporibus facilis vel. Maiores repudiandae est consequatur et totam aliquid id. Possimus eius repudiandae consequatur culpa commodi odit. Modi iure omnis tempore incidunt doloremque.
Delectus voluptatem sit est odio dolorem rerum. Debitis quia ex et totam. Omnis rem odit in ipsum deserunt corrupti harum. Autem fugiat quibusdam aspernatur facilis ipsa dicta. Enim et reprehenderit voluptas et. Consequatur fugit omnis cum non qui expedita.
Doloremque dicta consequuntur aspernatur facere. Architecto eos pariatur at sit sequi. Et facilis sit praesentium nihil rem placeat maxime dolor.
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...