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Bloomberg tech chief says AI could streamline 80% of analyst workload

AI could boost productivity tenfold in some areas, Shawn Edwards tells FN

The market data powerhouse think fresh technology could revolutionise how junior bankers do their jobs
The market data powerhouse think fresh technology could revolutionise how junior bankers do their jobs Photo: Getty Images

Bloomberg is building artificial intelligence tools that could streamline 80% of an analyst’s workload, its chief technology officer has said.

In a wide-ranging interview, Shawn Edwards told Financial News that applying generative AI to so-called unstructured data also had the potential to boost researchers’ productivity tenfold in some areas.

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