Goldman Sachs CEO David Solomon told an AI conference that artificial intelligence can now draft 95 percent of an IPO prospectus in minutes.
These dense, heavily scrutinized documents used to take a six-person team, mostly Ivy League grads, two weeks to write less than a year ago.
Now it takes hours, maybe minutes, to finish the corrections.
And as startling as that is, what Solomon said next really punched me.
The last 5 percent now matters because the rest is now a commodity.
My first thought — holy crap.
But mostly, I was left thinking about you and me.
We are the commodity Solomon was talking about so coldly.
It is clear the wolf will be at many of our white-collar doors soon enough.
So what should we do about all this?
For me, I think Stephen King said it best, oddly enough. “Get busy living or get busy dying.”
What do you think? What should we do?
Let me know in the comments, and check out more at jamesabrown.net.
On that note, I’m James A. Brown, and as always, be well.
Share this post