Wall Street's AI Takeover: Bots Doing Your Bonuses by 2030

By 2030, AI aims to seize about a third of Wall Street's investment banking grunt work, according to Sumeet Chabria’s ThoughtLinks report—because who wouldn’t trust a robot scanning public and private data 24/7 for threats like geopolitical chaos or the next catastrophic market wobble? JPMorgan, Citi, and even Goldman Sachs (which is basically Wall Street’s chatbot playground) are already rolling out AI helpers to draft documents, tweak share prices in real time, and spy on investor moods like teenage text messages. Meanwhile, human bankers will cling to the ā€˜important’ stuff — final due diligence, schmoozing clients, and pretending a $15,000 suit powers market strategy rather than caffeine and existential dread.

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Source: Businessinsider | Published: 9/2/2025 | Author: Reed Alexander