BRAVE: AI Jobs, Unicorn Math & Southeast Asia’s 45-Year Gap - E643
episode
BRAVE Southeast Asia Tech: Singapore, Indonesia, Vietnam, Philippines, Thailand & Malaysia Startups, Founders & Venture Capital VC (English)
20 min
1 speaker
3 chapters
transcribed 18 days ago
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Transcript generated automatically by AI and may contain errors.
How is Microsoft Copilot changing entry‑level finance jobs?
A meeting with other bankers, and we had a conversation, and we were notified that we had switched on Microsoft Copilot to do. Minutes taking. All of us, senior executives, laughed. We said, you know, what's interesting is that it's really made our life much easier for all of us. But we said that it has actually made the lives of finance junior folks harder. Because they used to do that as their job. It's interesting because now our associates have to work a lot harder. They can't do minutes taking as one of their core responsibilities. And so it's an interesting dynamic. that we have to think about because is both automating the work But it's also reducing the amount of man hours needed in certain jobs for entry level jobs.
Welcome to Brave. Learn from Southeast Asia's best tech leaders. Build the future, learn from our past, and stay human in between. No BS on success. I'm Jeremy O, Venture Capitalist, Sarah founder, Harvard MBA, science fiction nerd, and dad of two daughters. Every week, we debate startup news, interview change makers, answer listener questions, and share personal insights. Join our movement of over 40,000 members and get transcripts, resources, and community at www.bravesa.com. Stay well and stay brave. Talking about startup marketing and why startups and marketing have such a interlink with one another. And I think what's interesting is that just last night I was at a conversation and launch of Bain, JP Morgan, and A Starin.
So our body was there talking about biotech. the ecosystem and very much about how Singapore has been able to become a champion biotech over the past ten years. We acknowledge it was very painful twenty years ago. My JP Morgan friends were very surprised and disappointed because they felt that the key insight from the report was that there is sufficient finance, there is sufficient government support, but what we're missing are founders who are willing to create value and take the risk. They asked me to pass the message. If you're young, you have a chance to take risks. And when you take a risk, you can get outsized reward and there's something for you to be thoughtful about, right? So you can always default to a finance career later.
We're not against finance here, but you need to know At what point in your life should you take more risk in your life, early in your life, or should you take more risk later in your life? And these are different debates that we'll talk about over time. What it means for startups. Technology is eating the world. Jobs that we have seen in this generation are very different from the jobs that will exist in the next 10 years. And we all know that because of the record high unemployment that's being generated by ChatGPT that was just released a few years ago. Do you have a choice? about what you want to do in life. Do you want to lead change? Follow this change. You're just going to tag along and that's okay.
I'm going to focus on own thing. Or are you going to stand on the side? My job is to make sure you are not ignorant about technology changes that are happening. And literally several hours ago I was a meeting with other bankers and we had a conversation and we were notified that we had switched on Microsoft Copilot. To do minute sticking or transcription for meeting notes. When we said that all of us, senior executives, laughed. We said, you know, what's interesting is that it's really made our life much easier for all of us. But we said that it has actually made the lives of finance junior folks harder. Because they used to do that as their job. long ago when I was a consultant at Bain, my first role as an intern and as a first year consultant was to often very much be a person writing minutes of of those meetings.
And if I drove a these are seven minutes, My job was done, I was everyone was happy. People said, Jeremy, you did your job, you're on track for promotion. All of us laughed. And the guy on the banking side said, It's interesting because now our associates have to work a lot harder. They can't do minutes taking as one of their core responsibilities.
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Chapters
3 chaptersSpeakers
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