TLDR: CalSTRS’ CIO discusses the impact of generative artificial intelligence on investment teams at NEXUS 2024.
The Chief Investment Officer of CalSTRS, the second-largest pension in the US, shared his insights on the benefits and potential pitfalls of generative artificial intelligence (AI) at the NEXUS 2024 conference. The discussion touched upon the following key points:
- Focus on the impact of generative AI on investment teams
- The potential benefits and harm that AI could bring
During the NEXUS 2024 conference, the CIO emphasized that AI is here to stay and will continue to shape the future of investment teams. The discussion highlighted the need for investment professionals to adapt to new technologies and leverage AI to enhance their decision-making processes. The CIO also discussed the importance of considering the ethical implications of AI in the investment industry. Overall, the conversation shed light on the evolving role of AI in investment management and the necessity for professionals to embrace and harness its potential.
