The Globe and Mail reports in its Thursday edition that for years, investment banking has been a highly sought-after industry known for its promise of prestige and high pay. A New York Times dispatch to The Globe reports that now, however, generative artificial intelligence has landed on Wall Street. Investment banks, long inured to cultural change, are rapidly turning into Exhibit A on how the new technology could not only supplement but supplant entire ranks of workers. The jobs most at risk are those performed by analysts at the bottom rung of the banking business, who put in endless hours to learn the building blocks of corporate finance. Now, AI can do that work speedily and with considerably less whining. BCG's Behavioural Science Lab head Julia Dhar wonders if we now need fewer analysts. Some of Wall Street's major banks are asking the same question, as they test AI tools that can largely replace their armies of analysts by performing in seconds the work that now takes hours, or a whole weekend. The software, being used inside banks under code names such as "Socrates," is likely not only to change the arc of a Wall Street career, but also to essentially nullify the need to hire thousands of new college graduates.