The speaker expects AI systems to move beyond tasks performed by junior analysts toward associate- and managing-director-level tasks starting in 2027, because much of the low-hanging fruit in the two previously discussed areas has been solved.

“It's a combination of those two things. Um, I think that, like, we've solved a lot of the low-hanging fruit in those two things, and so going into 2027, we're gonna start to move up the stack, right?”

“We're gonna go from the tasks that a junior analyst can do, to some of the tasks that an associate can do, to some of the tasks that an MD would do, and move up that chain. And as you move up the chain, what I would say is the objectives become much fuzzier.”