Jeff Macmillan News

13.04 / 11:17
markets UPS Citi Research information rights Morning Coffee: Morgan Stanley banker says AI is more competent than his colleagues. Goldman Sachs promotes the woman who didn’t leave for a hedge fund
When ChatGPT first came out, a lot of people in the investment banking industry felt that one of the most human and relatable things about it was its tendency to make something up when it didn’t know the answer.  Knowing when to admit ignorance and when to waffle is one of the higher level skills of the industry, after all.  A banker who never says “I don’t know; I’ll research it and get back to you” like Patrick Biggs at Morgan Stanley, is almost certainly a BS merchant who will blow up in the long term. 
15.03 / 16:37
Platform Strategy wellness exclusive innovations reports International Morgan Stanley’s Jeff McMillan named firm’s AI head
Morgan Stanley is doubling down on its AI ambitions as it names a key executive to a newly created role.

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