Robots Could Wipe Out Some of Wall Street's Higher-Paying Jobs

Robots Could Wipe Out Some of Wall Street's Higher-Paying Jobs

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the significant impact of AI on job roles in the financial sector, highlighting the potential for automation to replace execution traders and other roles. It also addresses concerns about racial and gender bias in AI systems and the need for caution in their implementation. The discussion extends to the challenges regulators face in keeping up with increasingly complex and data-driven markets. Finally, the video explores how AI can automate not only basic tasks but also more advanced financial functions, potentially reducing the need for expert traders.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are jobs expected to change in the next 10 years according to the CFA Institute?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the role of expert traders expected to evolve with the rise of AI in trading?

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