AI Revolution in Finance

This chapter explores the transformative role of artificial intelligence in the finance sector, focusing on its application in portfolio management and market analysis. It discusses the efficiencies brought by AI technologies, such as the Gen. AI tool Magic, while also addressing challenges like data format compatibility and the crucial need for human oversight. The chapter emphasizes the shifting dynamics in the financial workforce as automation takes hold, paralleling historical economic milestones, and highlights the ambitious goals for U.S. GDP growth in the face of rapid technological advancement.