Der CEO des Investmentunternehmens teilt Tausenden im Konferenzpublikum mit, dass 60% von ihnen im nächsten Jahr „suchen“ werden werden. Der CEO von Vista Equity Partners, Robert F. Smith, sagte am Donnerstag, dass 60% der 5.500 Teilnehmer der Superreturn Conference im nächsten Jahr arbeitslos sein werden.
https://www.entrepreneur.com/business-news/vista-ceo-tells-superreturn-attendees-ai-will-take-your-job/492825
13 Kommentare
From the article
Robert F. Smith, the CEO of investment firm Vista Equity Partners, said on Thursday that AI will overturn the job market and lead to [layoffs](https://www.entrepreneur.com/business-news/microsoft-layoffs-hundreds-more-jobs-cut-at-headquarters/492675) for most finance professionals.
Speaking at the SuperReturn International private capital conference in Berlin, which attracted [over 5,500 attendees](https://informaconnect.com/superreturn-international/), Smith predicted that by next year, 40% of finance professionals at the event would be using [AI agents](https://www.entrepreneur.com/business-news/openai-ceo-sam-altman-ai-agents-are-like-junior-employees/492687) while the remaining 60% would be searching for new employment. AI agents are programs that run autonomously to perform complex, multi-step tasks.
Get me an AI agent that figures out what I owe on my taxes every year and then get back to me.
I wonder what they’ll say when the AI becomes able to not only do the tasks in stead of the humans, but the profiting as well. What will then be the necessity of human CEOs and investors?
Reminds me of the office episode where they tell a branch they are being downsized
He wouldn’t happen to be CEO of a company that sells services to people who fear for their economic future would he,
Having worked in that industry, I’m going to agree. The most successful advisors are normally the best at looking out for their own self interest and are just sales people with no background in finance. AI can easily manage assets better than they do, hell most of them can’t outperform an index after, especially after fees are extracted. The back office just pushes paper. Analysts could easily be cut in half and managers make their decisions based purely on revenue. Asset allocation and life insurance is an easy formula that is based on goals and age.
I’m fairy certain this will be the first industry completely transformed by AI.
I think this guy missed the memo that making short term prediction like this will only make him look stupid in 12 months when it doesn’t happen.
If he had said 3-5 years, everyone will have forgotten by then, but 12 months people will remember.
Yeah, in case you didn’t realize by now, we’re all fucked
I feel like these guys get some sort of perverse pleasure out of talking to people like this.
Ah yes… the all knowing private equity firm who surely understands technology and makes sound predictions all the time.
These guys do well on the CCAT and make it their whole personality.
AI exec here – 15 yrs in banking. I don’t know which specific solution he is referring to, but it’s not that easy to replace people with AI. Trading l, portfolio management, sales and client relationship management are not easily outsourced.
However, many back office functions can be replaced : it will take 3 to 5 years before we see significant contractions, but I do believe there will be a recession next year and firms will hold off hiring new people, instead investing in means to automate as many jobs as possible. this way they can reward shareholders, CEOs with even more money.
I feel as if these CEOs and tech leaders are explaining what an AI could do, when compared against humans and within a trading and operational environment like we have today. None of them can explain how these AI tools will perform when ALL institutions are using them, because it would be a chaotic storm of AI decisions and analysis that would be obsolete by the time a human even read a report. A world that operates this way would not be in human control, and the goals, strategies, tactics and outcomes would all be beyond human understanding. These CEOs are pushing for something they truly don’t understand, but the short term impression of a lack of capability in their businesses is what they are afraid of today.
Isn’t this Bob Brockman’s buddy who should be in jail for all of the tax fraud him and his friends have been committing over the last few decades?