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Investment Firm CEO Tells Thousands in Conference Audience That 60% of Them Will Be 'Looking for Work' Next Year | Smith predicted that AI would cause “all” knowledge-based jobs to change.
Robert F. Smith, the CEO of Vista Equity Partners, an investment firm with over $100 billion in assets under management, says most finance professionals will be looking for work next year.
Robert F. Smith, the CEO of investment firm Vista Equity Partners, said on Thursday that AI will overturn the job market and lead to layoffs for most finance professionals. Speaking at the SuperReturn International private capital conference in Berlin, which attracted over 5,500 attendees, Smith predicted that by next year, 40% of finance professionals at the event would be using AI agents while the remaining 60% would be searching for new employment. Speaking at the SuperReturn International private capital conference in Berlin, which attracted over 5,500 attendees, Smith predicted that by next year, 40% of finance professionals at the event would be using AI agents while the remaining 60% would be searching for new employment.
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