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About AI Street 🤖 🛣️
Hi! I'm Matt, a veteran financial journalist, and every Thursday at 11:30 ET I bring you the latest news, analysis and expert interviews on how AI is reshaping finance.
📰 AI + Investing - like JPMorgan's AI-powered stock indices
💹 Research - like AI outperforming human analysts
📊 Regulation - like CFPB’s strict AI Approach
🎙️ Interviews - like Bain's Richard Lichtenstein on AI in PE
💰 AI Adoption - like Morgan Stanley’s AI helps advisors
About Me
I’m a writer with over a decade of experience covering Wall Street. I founded AI Street after spending more than a decade at Bloomberg News in NYC.
I now live in Milan, with my wife and daughter.
“Provides great insights into AI's impact on Wall Street, the latest AI news, and in-depth research analysis.”
More on AI’s impact on finance
Created with Ideogram
While Wall Street has long used traditional AI, financial firms are now adopting generative AI to write research reports, draft regulatory filings and create detailed economic forecasts.
The technology excels at processing unstructured data from diverse sources such as emails, PDFs, and government filings, analyzing natural language, recognizing objects in images, and transcribing speech.
AI may be as impactful on humanity as the printing press, electricity and the internet, according to JPMorgan CEO Jamie Dimon in his April 2024 annual letter to shareholders. “In the future, we envision GenAI helping us reimagine entire business workflows.’’
About 80-90% of business data is unstructured, hidden in various documents and communications, per Citigroup. Unlocking that data will impact companies across industries. AI could boost bank earnings alone by as much as $340 billion, according to McKinsey.
Banks, hedge funds and asset managers are already putting this tech to work.
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