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Private Equity Firm Uses AI Instead of Employees to Source Deals
Categories: Technology
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A recent WSJ article about a private equity firm using AI to source investment opportunities by Laura Cooper presages a larger challenge facing employees and employers: AI tools do “the work of ‘several dozen humans’” “with greater accuracy and at lower cost.”  In the competitive and employee-dense financial services sector, AI tools can provide a competitive advantage.

Ms. Cooper cites San Francisco based Pilot Growth Equity Partners, one of many of a growing number of equity investment firms to utilize AI. Pilot Growth that has developed “NavPod’ a cloud based ...

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