As Harvard Business School pointed out in October 2004, Wall Street analysts have historically been swayed at that time by relationships between the experts’ employers and the target enterprises. In a roundabout way, the argument essentially states that analysts aren’t necessarily the most accurate individuals — and sometimes, their advice can be way off the mark.
Subsequently, the financial publication industry has increasingly latched onto this vulnerability by providing relevant, high-quality content. To be sure, you’re still going to find people who are phoning it in, merely engaging in analytical cosplay around the latest hot stocks. However, with the emergence and proliferation of artificial intelligence, mediocrity will no longer be tolerated — if only because AI can mass produce such content at unimaginable scale.
