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AI is changing how investment firms allocate work

Published: 4 May 2026

As artificial intelligence becomes more embedded in investment management, Russ Goyenko, an associate professor of finance at ɬ﷬’s Desautels Faculty of Management, says the technology is likely to reshape how firms allocate work.

AI is increasingly being used to support research, idea generation and portfolio analysis across the industry. Goyenko suggests one likely consequence will be less demand for analysts, as AI takes over time-intensive tasks such as reviewing reports and earnings calls.

Still, human judgement remains central to the process. “AI can summarize a lot of reports and summarize a lot of earnings calls,” Goyenko says. 

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