Confessions of a machine learning specialist who works in finance

Machine learning jobs are supposed to be the big new thing in financial services. After all, Goldman Sachs has created an elite new AI team, J.P. Morgan's assigned ex-credit trader Samik Chandarana to develop machine learning strategies and has already unleashed LOXM, a new self-teaching trading algorithm, and UBS CEO Sergio Ermotti says 30% of banking jobs are due to dissolve because of this kind of automation in the next 10 years. It might seem therefore that you should be positioning yourself now to chase machine learning jobs (even though Bank of America CTO Catherine says you're already too late). But what if the finance jobs of the future are a lot less exciting than the finance jobs of the past? This is a possibility raised by Saeed Amen in a new blog post.