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AI might assist with data-heavy tasks, but it can’t replace the judgment, relationships, and strategic thinking that come with investment banking. In the next 5–10 years, I think we'll see more tech integration, but human expertise will still be at the heart of deal-making and client management.
Agreed. Will mostly affect junior-level work
AI really should, but boomer MDs will refuse to do anything to optimize WLB and work collaboration. IB will lose out talent and go the way of ER or asset management due to outdated industry standards
A more relevant issue will be outsourcing to cheaper countries like India. It will go the way accounting is right now.