[ishtanbul]

Im looking forward to the msft copilot integration in office that can answer my emails and write transcripts of calls with to-dos. It will save time, but i think it will just up the ante since the culture is what got us here. And the risk of deals failing means you have to work on many at a time and accept as much as 100% swings in comp year to year. I would love to learn python, i figure with chatgpt i can learn it quickly. I learned vba with it and built bigger, crazier financial models but i still work the same amount… even my boss who is 50 is doing the same hrs.

With ai is it even worth it to try to get started in software or robotics? I feel like i will not be able to get a job bc these systems are advancing so fast, they will take the jr jobs first.

Value in my industry is really created from relationships (origination). The modeling and analysis work can probably be automated away with ai in a short time. I’m trying to bring the firm in that direction so that i can manage that.

[ghaff]

As you say it's the culture of investment banking, Big Law, and some other subsets of certain industries. Those subsets pay extremely well but things like weekend work are just part of the package.

I'm not at all convinced AI is going to radically change the culture of most industries in the relatively near term. There have been enormous changes to the tooling for all kinds of tech over the past few decades and I don't really see big changes to the work culture--other than the pay for software development at "tech" companies often increasing relative to other types of engineering. (It's not clear to me that sort of differential is sustainable.)

[cxr]

At $500k+ annually, you can hire a secretary.

(It sounds like you're in a position where you feel like you're compensated well enough that you'd be open to taking half the pay if it meant you could maintain the same return on investment: i.e. put in only half the work.)

By bringing up Copilot, it shows that you're already dabbling with adjacent ideas. Would love to know if/why you haven't considered this already and more about your work, including what parts, if any, make it a non-starter.

[zero-sharp]

If we started having chatgpt respond to emails in my current job, I would bet that we'd lose all of our clients. I can't imagine automated communication in the context of personalized and nuanced interactions, especially when money is on the line. I'm sure somebody will tell me I'm wrong though...

[ishtanbul]

Yeah, i think about 50% of them require a ton of thought and context. But some do not. If it could draft and just let me approve, i could save hours. This is just jevons paradox though.