Research analysts can be completely mentioned


The chairman of Alibaba, Joe Tsai, speaks on Wednesday at Converge Live at the Converge Live Event in Singapore.

CNBC

Artificial intelligence may eliminate the need for research analysts in the future, AlibabaChairman Joe Tsai said on Wednesday at CNBC Will coincide live Event in Singapore.

“Capital research analysts can be completely mentioned … You can ask him to develop a report on NVIDIA or Apple, and this will do a great job,” said David Faber from CNBC.

This does not mean, however, that the roles of analysts will be completely eliminated, said CNBC live at the Jewel Changi airport during a two -day live event.

“I don't think it will completely replace people. It will simply improve the quality of work, “he said.

“I think that the quality of the tests can really be improved if the machine can do many mundane tests, and then people can apply their judgment and give better recommendations.”

He said that AI could also fundamentally change the practice of law, citing his own origin as a lawyer.

“When you write a contract … the whole document must fit together well, every sentence, each definition must fit together. Well, and he can do a lot, I would say most of them, “he said. “Does this mean that in the future lawyers will be replaced by AI? Not necessarily. “

He said that when customers employ “sophisticated lawyers”, they really ask for advice.

“The counselor is not something that is technical or black and white – this is a judgment,” he said. “I still think that these tasks can simply be strengthened by artificial intelligence, not replacement.”

This is a developing story. Refresh updates.



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