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Generalists can still beat the robots

Brainstorming about unintended consequences is one thing AI cannot yet do
A scene from the 1987 movie “Wall Street” featuring actors Charlie Sheen as Bud Fox and Michael Douglas as Gordon Gekko
The writer is senior adviser at Engine AI and former chief global equity strategist at Citigroup

For some reason I chose to study economics at university. My course split into the macro and micro. In macroeconomics we looked at the broader forces driving an economy such as inflation and interest rates. In micro, we studied company behaviour. We spent the time between lectures arguing about which we disliked most. I could never decide.

Like many of my fellow economics students, I applied for a job in the financial sector. After many rejections, I scraped in as a graduate trainee at a long-forgotten London stockbroker. At first, I spent time helping bottom-up stock analysts research individual companies. Then I moved on to the economics team where I maintained top-down models of the UK economy.

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