Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI

FORTUNE: “It’s like being in a fraternity and being a pledge,” Jeanne Branthover, head of global financial services at recruiting firm DHR Global, told Bloomberg. “You gotta put in the work to get upstairs.” Branhover has worked with Wall Street clients including JPMorgan Chase & Co. and Bank of New York Mellon Corp. for four decades.

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