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Research analysts can be completely changed

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Research analysts can be completely changed


Speaking at Singapore on Wednesday, CNBC Speaking at Converge Converge Conserge Joe Tsai, Chairman of Alibaba.

CNBC

Artificial intelligence can eliminate the needs of the research analyst in the future, Alibaba’s chairman Joe Tsai on Wednesday on CNBC Be alive Event in Singapore.

“Capital research analysts can be completely changed … You can ask for a report on NVIDIA or Apple, and this will do a great job,” said CNBC’s David Faber.

This will be eliminated in general, the CNBC’s Jewel Chani said in a two-day live event in CNBC.

“I don’t think it will replace it completely. This will only increase the quality of the work,” he said.

“I think a lot of secular research can be done by the machine, then people can apply their judgments and give better recommendations.”

The AI ​​also said to change the application of the law, referring to his background as a lawyer.

“When you write a contract … The whole document must be well suited to each other, every definition should match each other. Well, I would say a lot,” he said. “Will it be replaced by lawyers in the future with AI? Not necessarily.”

He said that when customers hire “complex lawyers” they really want advice.

“The consultant is not a technical, or black and white – this is a judgment,” he said. “I still think that this work can be developed by the AI ​​rather than non-replacement.”

This is a developing story. Please update updates.



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