What are you actually using AI for in PE?
My managing partner is convinced you can basically run a deal in Claude/ChatGPT at this point. I'm way more skeptical. It can't get a decent comp table without hardcoding half the numbers, hallucinates figures, etc.
Where it's actually saved me time:
- Deep research on a company/sector/person before a call
- Summarizing CIMs or data room docs
- First draft paragraphs for memos or IC write-ups
- Turning messy notes into something readable
But it's nowhere close to end-to-end, more like a summer intern you still have to check every single output from.
Curious what everyone else is seeing:
- What are you actually using it for day to day, if at all
- Which tools, ChatGPT, Claude, Copilot, or something more niche
- Anyone gotten it to do real modeling work reliably or is that still a pipe dream
- Is it mostly used in sourcing, DD, portfolio monitoring, LP reporting, etc
