The question has dominated the business world for almost two years. Once ChatGPT graced us with its presence, everyone wanted to know how to leverage the tech to get ahead.
Wall Street, with its reams of data and need to analyze complex topics, has always been viewed as fertile ground for the AI revolution. So Business Insider’s finance team spoke with almost three dozen finance workers across the industry about how they’re using AI.
From helping to identify startups to invest in to aggregating thousands of analyst notes to cutting down the time spent on busy work, AI use cases on the Street ran the gamut.
Overall, generative AI typically helped finance professionals do their jobs faster, easier, or both.
Not everyone is sold. Some don’t see the “breakthrough” possibilities of the tech that so many have prophesied, finding it hard to see specific uses of AI in their own processes.
And to be fair, they might not be wrong. As much as Wall Street likes to tout tech adoption, certain corners remain unchanged from decades ago, albeit with a few extra bells and whistles.