[nizsle]

Greater output doesn't always equal greater productivity. In my days in the investing business we would have junior investment professionals putting together elaborate and detailed investment committee memos. When it came time to review a deal in the investment committee meetings we spent all our time trying to sift through the content of the memos and diligence done to date to identify the key risks and opportunities, with what felt like a 1:100 signal to noise ratio being typical. The productive element of the investment process was identifying the signal, not producing the content that too often buries the signal deeper. Imo, AI tools to date make it so much easier to create content which makes it harder to be productive.