India, Aug. 17 -- Every technological revolution is met with hesitancy and suspicion, which simply translates into one question: Will machines replace people? In finance, that question has become sharper than ever as artificial intelligence (AI) begins to automate tasks that once defined the work of junior analysts.

No. AI will not replace financial analysts. But it is rapidly replacing the way many junior analysts used to work. For decades, the first few years of a finance career followed a familiar path. Young professionals spent hours updating financial models, building comparable company analyses, reading annual reports, summarising earnings calls, reconciling data, and preparing the first draft of research notes. These repetitive ye...