logoalt Hacker News

w2dfyesterday at 11:06 PM4 repliesview on HN

As someone that knows a high-flying portfolio manager who works at a very well known firm that I wont name... I can confidently state these tools are DOA. Ive spoken to them at length about the nature of what these people actually do day-to-day. If you think its just about using excel then you're already way off.

They (OAI+Anthropic) very much do not get exactly what these people are doing in the job (accounting+corporate finance+valuation+asset management) and what the actual production process is. These tools are irrelevant, disrupt flow and if anything just add noise to what one is doing.


Replies

airstriketoday at 12:54 AM

As a former investment banker, I mostly agree. This is probably 10% of the work

esafakyesterday at 11:27 PM

Why are they irrelevant? You do not say anything.

show 2 replies
brcmthrowawayyesterday at 11:21 PM

I know the firm - it's RenTech.

show 1 reply
z3c0yesterday at 11:15 PM

This might be the first time I've seen a HN comment in a GPT thread that actually reflects what the average business user sees in GPT products.

They don't do the job, reliably or well. No amount of wishful thinking or extra tokens will change that.

show 1 reply