
They’re also about to be transformed by AI.
Goldman Sachs plans to have AI tools available to its workforce as soon as next year, with the potential to change the roles of junior bankers in particular.
Consulting firms are also adapting to a deluge of client questions about implementing AI. One senior partner at McKinsey told Business Insider that helping clients use generative AI might become most of the firm’s work in the future.
In Silicon Valley, the use of AI copilots in software engineering has become so common that there’s a debate over whether to allow these tools in technical interviews where job applicants have historically been asked to showcase their expertise.
Some venture capitalists have gone further, using AI to replace associates.
The impact of AI on these professions demonstrates the sharp difference between this technological revolution and earlier advancements. Whereas in the past, lower-wage workers felt the effects of automation and increased competition, this time, it’s white-collar workers who face the biggest impact.
That includes me. I used AI to help edit this newsletter.
