OpenAI is planning to automate away entry-level tasks in finance, according to leaked documents—but experts say this doesn’t necessarily signal a workforce reduction just yet.
Sam Altman’s tech giant has enlisted more than 100 ex–investment bankers to help train its AI models on how to build financial models that could automate hours of entry-level tasks, according to documents seen by Bloomberg and reported Tuesday. The recruits, including former employees of JPMorgan Chase, Morgan Stanley, and Goldman Sachs, are contributing their expertise to a project code-named “Mercury,” Bloomberg reported.
