How AI Will Impact the PE Industry’s Human Capital, According to AI Chatbots

Authored by: David Meyerchak, Principal
Updated on: October 5, 2023

We Asked

How might the advancement and implementation of artificial intelligence (AI) impact Robotic Process Automation (RPA) and human capital within the private equity industry?

Open AI ChatGPT

The convergence of artificial intelligence (AI) and Robotic Process Automation (RPA) can introduce transformative changes, especially in relation to human capital within the private equity industry...

Google Gemini

The rise of AI will significantly impact both Robotic Process Automation (RPA) and human capital in the private equity industry, bringing about a new era of automation and enhanced capabilities. Here's a breakdown of the potential effects

Gen II Expert Response:

The Private Equity industry is set to greatly benefit from the impact of AI. According to experts, AI will streamline tasks, allowing humans to focus on strategic planning, enhancing client relationships, and making better decisions. ChatGPT and Google Bard have effectively outlined these possibilities. The recent implementation of the SEC Private Fund Advisor Rules has fueled interest in exploring how AI and RPA can help meet the new requirements. As humans have limitations when it comes to inputting and reviewing data quickly, AI can be a valuable asset in improving accuracy and turnaround times, ultimately making compliance with the SEC rules easier.