How likely is it that jobs in Investment Banking and Hedge Funds will be automated soon?
Plot twist, they already are
>>1457549
This is true but someone have to watch it to be sure everything does as it is programmed to do so aka people literally monitor screens all day looking for errors.
>>1457545
90% of an investment bankers day is doing trades for clients and dealing with clients. 10% is spent on their own portfolio.
the investment bank could use automation for their own money, but clients want to speak to someone and have someone accountable when making trades.