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On this note, AI allows for reduced communications overhead within a company.
As teams grow, so does their internal communication overhead. Keeping teams as nimble as possible is the key for a productive work enviroment.
Cutting people quickly when they don't work out is just as important as getting them in when they're needed.
Some friends spend 70% of their work day in coordination, 20% recovering from coordination and 10% work. Avoiding this is key for a productive, and happy work day.
8.8. klo 01.18
Junior analysts are completely cooked.
I fully skipped this part of my career, but understand that it has been a necessary part of people's work path so far.
There's absolutely no need to hire young people for bullshit tasks like drafting up documents and doing random research/work when you can have easier communication and results for a fraction of the cost with AI tools.
I'm ever more convinced that AI has widened, and will continue to widen, the gap between the high-end professionals and the rest of the population. One will get smarter, the other dumber.
What matters most now is creativity, gauging risk, strategic thinking and interpersonal relations. A good way for people to get an edge used to be to out-work their peers, that's no longer useful.
Work smarter, not harder is in full effect.
I'm incredibly happy to not be in a situation where I need to start a career path in finance and looking for a junior analyst job.
Now more than ever, the world is for the self-taught
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