Executives will reportedly roll out a new AI assistant for 15,000 advisors by the start of July that will automatically draft emails and summaries of any discussions.
Morgan Stanley ’s money men will no longer need to spend hours writing up notes from endless Zoom calls after the bank’s bosses decided artificial intelligence should perform this most thankless task for them, CNBC reported on Wednesday.
Debrief will essentially sit in on any meetings, jettisoning the need for staff to take notes by hand, CNBC quoted Jeff McMillan, the bank’s head of internal artificial intelligence, as saying.
CNBC reported that Morgan Stanley’s wealth management division hosts about 1 million Zoom calls a year and that the Debrief would shave off 30 minutes of work for every meeting. “They’re going to learn how to talk to machines, and tell those machines what to do, and engage with people and collaborate,” he said. “It’s a whole different game than how we’ve been doing work.”
Artificial Intelligence Banking Morgan Stanley
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