AI Replacing Analysts? Zeta Global CEO Thinks Wall Street Will See 'A Lot Of Jobs Destroyed, But A Lot Of Jobs Created'
Portfolio Pulse from Benzinga Neuro
David A Steinberg, CEO of Zeta Global, predicts a significant transformation in Wall Street jobs due to AI, forecasting both job destruction and creation. His views were shared during CNBC's 'Last Call' at the Milken Institute, highlighting the potential for AI to replace many analyst roles. The IMF warns AI could affect 40% of global jobs, while Microsoft's CEO Satya Nadella sees potential for wage increases through enhanced expertise.
May 07, 2024 | 2:32 pm
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Microsoft Corp. CEO Satya Nadella has an optimistic view on AI, suggesting it could lead to wage increases as employees offer more expertise.
Microsoft's optimistic stance on AI, as expressed by CEO Satya Nadella, suggests a potential positive impact on the company's reputation and its role in AI development. This could lead to increased investor confidence in Microsoft's ability to navigate and benefit from AI advancements, potentially driving up its stock price in the short term.
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