Invest with AI
01:05:52 · Brett Caughran, Thomas Li
[01:05:52] S1: Yeah, at least for the moment, Jevan's paradox holds. It's probably about a year ago that Dario made his prediction that in one to five years, entry level white collar work would be down 50%. Thankfully looking absurd as a prediction. I think that's true in finance, too. I mean, all the firms we talk to, the people are busier than ever. You're maintaining your portfolios and research in incredibly volatile markets while trying to sort of shift your process agentically. No one's even close to the finish line of that. I think it's still just starting. Yeah, at least for eighteen to thirty six months, I don't see any. I've not talked to one investment team who was like, Wow, this is so great that we're just going to cut 30% of our headcount because it's like, we have analysts sitting around with nothing to do. It's like the exact opposite. [01:06:44] S0: That's right. Yeah. I mean, if you have analysts sitting around with nothing to do, you are more likely to have an HR and analyst problem than you have like a business problem. [01:06:54] S1: Yeah. You know? [01:06:56] S0: Yeah. [01:06:57] S1: Awesome. Great. Well, yeah, excited to to get my hands on that Excel thing when it when it comes out as well, too. And thanks so much for being with us for being with us, Thomas. This was a great great great discussion. [01:07:11] S0: Thank you for bringing me on.