Research analysts can be fully replaced

Artificial Intelligence may eliminate the need for research analysts in future, Alibaba President Joe Tsai said at the CNBC’s converse live event in Singapore on Wednesday.

“Equity Research Analysts can be completely replaced … You can ask it to make a report on Nvidia or Apple, and it will do a great job,” he told David Faber of CNBC.

However, this does not mean that the analyst roles would be completely abolished, stated that during the CNBC’s two -day live event at Jewel Changi Airport.

“I don’t think it will completely change humans. It would actually increase the quality of work,” he said.

“I think the quality of research can actually be improved if a lot of worldly research related goods can be done by the machine, and then humans can apply their decision and make better recommendations.”

AI also stands fundamentally to change the practice of law, he said, citing his background as a lawyer.

“When you write a contract … The entire document has to fit well, every sentence, every definition, one has to fit with each other. Well, AI can do a lot, I can do a lot, I will say most of it,” he said. “Does this mean in the future, the lawyers will be replaced by AI?”

He said that when customers appoint “sophisticated lawyers”, they are actually asking for a lawyer.

“The lawyer is nothing that is technical, or black and white – this is the decision,” he said. “I still think that these jobs can be extended rather than only replaced by AI.”

AI has a total addressable market of at least $ 10 trillion, “if not big,” Tsai said in CNBC’s convergence Live, given that it makes it larger than industries such as transport and health care insurance.

Alibaba is posted to benefit from this spread of AI for his cloud computing business, the chairman said.

He said, “Every time someone trains and runs the model or impart training after training, they require cloud computing infrastructure,” he said.

Experts first told CNBC that Alibaba is making “significant progress” in advancing its AI cloud business. The company posted a rapid increase in the December quarter on the strength of its cloud intelligence unit and e-commerce segment.

Tsai also said that Alibaba can benefit greatly from AI within its own business, for example, by increasing advertisements on their platforms.

TSAI stressed in a recent column for the South China Morning Post that practical applications were important to maximize intelligence in AI model development.

And Alibaba President Zhang Kuo recently told the same paper that Alibaba.com platform has expected all its vendors to adopt their AI tools by 2025, more than 200,000 traders have already used such equipment for marketing, product management, customer interaction and risk control.

Last week, the e-commerce giant revealed a new AI model, saying that “rivals” other arguments models, such as R1 of Chinese AI Startup Deepsek.

Manus AI, built by the Chinese Startup Butterfly Effect, on Tuesday announced a strategic partnership with Alibaba. Developed by Chinese startup company Monica, Manis AI is a so -called general AI agent that claims to have a better performance from the discovery of AI agent of OpenEA, Deepress.