OpenAI’s Drive to Automate Entry-Level Banking Tasks and Its Impact on Junior Roles
Gist OpenAI’s “Mercury” project is training AI with input from over 100 ex–Wall Street bankers to automate core entry-level tasks like financial modeling and pitch deck creation. Analysts estimate that 60–70% of junior bankers’ routine work could be automated soon, shifting roles rather than immediately eliminating large numbers of jobs. Data from labor studies show …
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