As someone that knows a high-flying portfolio manager who works at a very well known firm that I wont name... I can confidently state these tools are DOA. Ive spoken to them at length about the nature of what these people actually do day-to-day. If you think its just about using excel then you're already way off. They (OAI+Anthropic) very much do not get exactly what these people are doing in the job (accounting+corp…
As a former investment banker, I mostly agree. This is probably 10% of the work
I bet the bozos at OAI and Anthropic think a person who deals with stuff like cost of capital is going to go ask an LLM for it.. when in reality the individual needs to know how/why they chose what they did.
Comical stuff.