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Yes. You can convert Microsoft PowerPoint presentations into Google Slides format, or you can directly edit PowerPoint presentations, without having to make a copy. The original file will remain intact.

Co-editing means that multiple people can work on the same slide at the same time, without having to send versions back and forth. Sharing settings allows you to control who can view and edit a slide, and revision history enables you to revert to earlier versions. Also available in Google Docs and Sheets .

Create, collaborate, and present with Google Slides

Easily collaborate and share Slide presentations with side-by-side viewing in Google Chat

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• End users: Use this feature by clicking on the document preview thumbnail image in the chat stream. To open the presentation directly in Google Slides, click on the blue link in the chat conversation. Visit the Help Center to learn more about how to Manage your files in Gmail rooms .

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• Rapid Release and Scheduled Release domains : Extended rollout (potentially longer than 15 days for feature visibility) starting on July 21, 2021

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6.5 Designing a Presentation in Google Slides

Learning objectives.

By the end of this section, you will be able to:

• Discuss similarities between Google Slides and Microsoft PowerPoint
• Review differences between Google Slides and Microsoft PowerPoint
• Explain the roles Google Slides and Microsoft PowerPoint play in a workplace

My Life in a Snapshot was intended to be a solo presentation, so you had no need to assemble a team. But what if you need to design a presentation on a different topic that does require a team? What if, for example, the presentation was a proposal for a new marketing campaign that you and four others have been working on? Is Microsoft PowerPoint still the best option? This section will introduce Google Slides as another tool you can use to create and build presentations.

Slides is the presentation application offered in the Google suite of products, which is a cloud-based system. To better understand the tool and its importance, let’s get started with the similarities it holds with PowerPoint .

Similarities between Google Slides and Microsoft PowerPoint

PowerPoint and Slides are both software programs that allow you to create and edit slideshows for presentations. When you begin to create a presentation with Slides , you will be presented with several themes and template s suitable for various applications in business, school projects, and general use. These designed templates can be customized with color, text, and style. Figure 6.41 shows Slides when first opening the program and selecting a new presentation; the default, a blank presentation, is circled. Next to the blank presentation option are the different themes and templates.

As in PowerPoint, once a presentation is either opened or begun in Slides, you will see a ribbon with tabs and options that are comparable with those in PowerPoint. In some cases, the programs even use identical word choices, such as the File, View, and Insert menus. It is a good idea to review the tabs in Slides before beginning a project. Look for the numerous overlaps in terminology and the familiar icons Slides shares with PowerPoint. However, one distinct feature of Slides is that it offers drop-down boxes from each tab, rather than a changing ribbon, as in PowerPoint.

There are other similarities between Slides and PowerPoint. For example, the thumbnails of the slides run down the left side with the highlighted slide in the center of the frame, and tabs across the top of the sidebar for navigation purposes. Both programs offer options for adding new slides, changing layouts, selecting design elements, and inserting text/images.

Both programs can create professional, high-quality electronic presentations. As technology continues to evolve, both programs adapt and continue to offer user-friendly tools. In general, both tools allow users to:

• add text, images, videos, charts, graphs, and links to any slide
• pick a custom font while selecting and using premade themes
• use basic transitions between slides and print to PDF
• collaborate with team members to greater or lesser degrees

Differences between Google Slides and Microsoft PowerPoint

Understanding some of the key differences between Slides and PowerPoint will help you decide which tool to use and when it can be most helpful while working at WorldCorp. To start, PowerPoint is a stand-alone software program that users can purchase or access through a provider such as a school, a company, or an organization to which they belong. Stand-alone software programs are typically installed on a computer’s hard drive and can be launched by double-clicking an icon on the desktop or by selecting the program from the list of installed programs in the operating system. Stand-alone software programs are self-contained and do not rely on external resources, such as a connection to the internet or services to function. They are referred to as “offline capable.” The application, or app, is just a click away for the user to begin their work, regardless of their internet connection. As the program has advanced and added new features, it has expanded to include online collaboration. PowerPoint now offers users online experiences through the combination of Microsoft OneDrive and Microsoft 365 .

Slides, by contrast, is a web-based software application that is part of the Google suite of productivity tools. As covered in the chapter on Essentials of Software Applications for Business , web-based software programs are hosted on a remote server and accessed over the internet using a web browser, rather than being installed on a computer’s hard drive. This makes it possible for users to access the software from any device with an internet connection, as the software and data are stored remotely and not on the user’s local machine. This helps ensure that there are no delays or negative experiences such as slowing down a user’s internet connection. They are often designed to be more lightweight, with fewer features compared with their desktop counterparts.

As a cloud-based application, Slides offers a unique advantage to offline applications when collaborating in a team. As with other Google programs, users can work on the same file in real time across multiple computers. This facilitates collaboration and eliminates the need to pass files back and forth between team members.

However, Google does offer an offline option for users as well. When using Google’s web browser, Chrome, users can install a browser extension that allows its online Google programs, such as Slides and Docs, to download the applications to their local computer, allowing users to work on their projects even without access to the internet. Additionally, Chrome operating systems typically come with other Google offline programs preloaded. Google offline functionality is available for some mobile devices and most desktop operating systems. It’s possible to use Google offline for some mobile devices and most desktop operating systems.

The most prominent difference between Slides and PowerPoint lies in their origins as a cloud-based application versus a desktop application, respectively. Slides has a minimal appearance and relatively fewer features, keeping things simple across their programs for ultimate user ease. Its goal is accessibility and collaboration in an online environment. In contrast, PowerPoint offers more robust features with more capabilities. In this respect, Slides works better than PowerPoint on mobile application devices.

However, it is still optimal to use a computer when creating a presentation in either program. Using a cell phone or a tablet poses challenges for users who want to harness the full potential of PowerPoint. To maximize the user experience, PowerPoint is recommended for use on a laptop or desktop computer due to its overall capability and processing needs. Having a larger screen with a more robust computer processor can make it easier to see subtle editorial changes or to handle large file size changes to a high-resolution image.

How Microsoft PowerPoint and Google Slides Function in a Workplace

Several features of Slides make it a unique and intriguing piece of software to have alongside PowerPoint . Both programs are commonly used in workplace settings, but may be used with different goals and audiences in mind. At WorldCorp, different teams use different tools in ways that work best for them; often, team members find that a project requires a combination of both programs.

A best practice for a collaborative presentation would be for a team to start working in Slides. Team members can work offline if they choose, or they can work together online constructing slides. Once the rough outline of the presentation has been accomplished and agreed upon through online collaboration, the Slides presentation can be saved as a PowerPoint file. Conveniently, Slides offers a way to quickly export presentations as PowerPoint files. A member of the team who is well-versed in PowerPoint and digital presentation development can then edit the slides if needed. They can work offline to unify and format each slide into a cohesive slideshow.

Conversely, you can also open a PowerPoint file in Slides. However, note that because Slides is less feature-rich than PowerPoint, you may not be able to preserve your slideshow exactly. Let’s look at converting the saved PowerPoint presentation that you have been working on, My Life in a Snapshot , to Slides. First, upload your PowerPoint presentation to your Google Drive . Then, open Slides; the PowerPoint most likely will be listed as a recently saved file on the opening screen. Select the file and begin. Figure 6.42 shows the warning that Slides wants to issue before you start editing: “Some PowerPoint features can’t be displayed and will be dropped if you make any changes” appears in a dialog box after selecting the saved file. There are fewer design options with Slides, and Google does not include all of the features that PowerPoint does, such as WordArt . This means that anything that was formatted as WordArt in PowerPoint will not appear correctly in the Google Slides version, or may even be deleted entirely. For this project, please go ahead and dismiss the warning to begin.

You may want to do this conversion process if you want to open your PowerPoint file for online collaboration, for instance. If your PowerPoint does not contain too many complex features, converting the file to Slides is usually an easy process that results in a Slides presentation that looks extremely similar to your original PowerPoint.

Sometimes, your choice of which program to use is determined by the software ecosystem that your company is part of. Workplaces will often choose one type of program—Google, Microsoft, or another large brand—to use at all levels of their company to streamline usage and file types. Preference and ecosystem requirements will typically be the key drivers in determining which tool to use for your presentation, but once you have learned one of the applications, you will have a faster learning curve when it comes to learning the other. Because Microsoft has traditionally dominated the office workplace, applications like Word and PowerPoint are more common in business settings. However, with schools and small businesses looking to offer free and affordable options for newer users (for example, Chromebooks are required in some classrooms), Slides continues to expand its reach. Its ease of use can attract those new to working with digital presentations or collaborating with teams on a project. Knowing and being confident in both programs removes the walls of an ecosystem, particularly if it is easy to change files from one type to the other. As we work in ever-diverse workgroups, the ability to move from one program to another becomes increasingly important.

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  Generate an image in Slides

• On your computer, open a presentation on Google Slides .
• Click the slide where you want to add the image.

• In the panel on the right, enter a prompt. 

Tip: For better results, consider including the subject, setting, distance to subject, materials, or background. For example: Create an image of a plane flying above the clouds over mountains and rivers during sunrise that I can use in the marketing campaign to promote my travel company.

• (Optional) You can click Add a style to customize the image you create.
• Click Create to see several suggested images.
• Edit your prompt: At the top of the panel on the right, click the prompt. Edit your prompt and click Create .
• See more suggested images: Click View more .
• When you’re done, click Insert.

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Desktop workspace presentation, premium google slides theme and powerpoint template.

If you need to talk about your business, company or workspace, go ahead and use this vintage presentation. You can personalize the sections to your own needs! Use the tables, pie charts, infographics, percentages and maps to present a project in a meeting, to promote your coworking space or to get new clients for your startup.

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Google Slides und die anderen Google-Apps, die Sie verwenden, sind optimal aufeinander abgestimmt. So sparen Sie Zeit. Sie können beispielsweise Diagramme aus Google Sheets einbinden oder direkt in Gmail auf Kommentare antworten. Außerdem haben Sie die Möglichkeit, direkt in Google Slides im Web und in Google Drive nach relevanten Inhalten und Bildern zu suchen.

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5 Better Alternatives To Google Slides

I f you're looking to create a compelling presentation to showcase a new idea or persuade others, Google Slides may be the first option that comes to mind. But with few built-in templates, basic themes, and a limited graphics collection, you'll likely have a hard time making your presentation stand out against others.

If you want to make your presentation truly stand out, there are several alternatives to Google Slides that offer extra perks and features to give your presentations an edge. While Google focuses on integrating Slides with its other work-based apps like Sheets and Docs, other presentation apps focus more on design elements, transitions, and themes to help you convey your brand or personal image throughout your presentation.

We've tested these Google Slide alternatives to give you an idea of other available options to deliver impactful presentations. If you're looking for a way to make boring information more fun and engaging, here are the best presentation apps to replace Google Slides.

Read more: Major Graphics Card Brands Ranked Worst To Best

Microsoft PowerPoint

There's a reason so many businesses around the globe use Microsoft PowerPoint. Building its reputation as the go-to option for delivering high-quality presentations, the software generated $100 million in annual sales only three years after its initial release in 1990.

Microsoft PowerPoint may be Google Slides' largest competitor, but there are plenty of unique features that can add an extra flourish to your slides. PowerPoint excels in its impressive library of custom animations and slide transitions, which are fairly limited in Google Slides. Another unique feature is its AI-powered Designer tool. This provides professional design schemes that mirror the words used in your slides. For instance, if your title slide is named "Basketball Team 2024," Designer will automatically suggest pictures and slide layouts associated with basketball.

As PowerPoint has been in development longer than Google Slides, it naturally offers more nuanced features if you're looking for something specific. For example, you can save individual slides as an image file (using .png or .jpeg formats) or as a separate presentation file. There's also a large library of free PowerPoint templates designed to speed up your workflow. Moreover, PowerPoint integrates seamlessly with Microsoft Teams with its PowerPoint Live function, allowing you to easily share your presentation with your co-workers.

Prezi offers an innovative approach to showing presentations with its unique canvas feature. Unlike traditional presentation software, Prezi lets you zoom and pan around a flexible canvas. The canvas may feel distant to something of a presentation program, but there is still some linear order provided thanks to the Timeline view.

Finding ways to visualize data is one of the biggest challenges when dealing with presentation software. Prezi resolves this struggle with the help of its Story Blocks: a series of infographics available in multiple designs to visually represent data. You can easily edit infographics and even add animations to individual shapes. This can help add a story to your presentation and help you emphasize key points.

To further enhance your presentation visually, Prezi offers several topic path settings, which let you change how Prezi transitions from one topic to another. These options include subtopics, which are super helpful for breaking large chunks of information down. If you're looking for a unique, modern approach to presenting information, Prezi is a top pick.

If you're looking to create a professional presentation to convince potential clients about your business idea, Slidebean is a popular choice among professionals with plenty of customization options. One of the issues with Google Slides is its fairly limited template library, which is filled mostly with basic designs. Slidebean offers a better alternative with a broad selection of innovative templates split into categories for convenience.

The app's user interface is easy to navigate so that you can create slides in less time. Each slide has a dedicated Design and Outline tab. You can use the Outline tab to quickly edit the information on each slide without being distracted by all the visual elements. Another productivity-enhancing feature is the ability to generate a presentation theme from your website. Simply enter your URL, and Slidebean will automatically apply the theming to your presentation.

Slidebean is another presentation app to take advantage of AI. Using the Auto-Design feature, you can generate recommended slide layouts based on your existing content. It also features AI text suggestions designed to suit different industries. Overall, Slidebean offers a quicker, more efficient method for creating stunning presentations compared to Google Slides.

Canva is a well-known app among graphic designers, but it's also capable of making stunning presentations. The app also has mobile editions, so you can easily create and edit presentations on your Android phone , iOS device, or tablet. As long as you have an internet connection, you can modify your designs wherever you are.

To get started, head to Canva's online presentation maker . Canva offers a vast range of templates categorized by topic, which easily surpasses the simple templates in Google Slides . While some of the templates are only available to Canva Pro members, there is an ample amount of free templates to help you get started. You'll also find a large selection of stock photos, shapes, and illustrations to create beautiful customized slides.

Because Canva is built for graphic designers, you can access several features to give your presentation consistent theming. These include color palettes, font sets, and even a brand kit that allows you to add your company's fonts (available to Pro members only). One time-saving feature is Canva's Uploads tab, which lets you access recently uploaded media files. This offers a convenient way to copy content between different presentations.

Visme is a powerful visual design tool able to create videos, infographics, and presentations. One of the perks of using Visme is the company's free educational content, which offers advice on how to create impactful content to boost your brand. After signing up, the company also asks whether you're using Visme for your business, education purposes, or personal use to offer personalized tips.

In terms of charts and graphs, Visme offers some of the most impressive features we've seen from a presentation app, so you can effortlessly convey important statistics. From the Data tab, you can access dozens of graph styles to visually represent your data. Then, simply double-click a chart inside your presentation to edit the values instantly in a simple table format.

Another area that Visme excels in is collaboration. You can either generate a link to publish your presentation on the web or share your presentation privately with others. For each team member, you can choose who can view, edit, and comment slides for a seamless workflow. There's also a Slack integration that lets you receive messages whenever changes are made to your presentation. Visme is free for all users, with limited features available in its premium plans.

Read the original article on SlashGear .

Google Cloud Next 2024: Everything announced so far

Google’s Cloud Next 2024 event takes place in Las Vegas through Thursday, and that means lots of new cloud-focused news on everything from Gemini, Google’s AI-powered chatbot , to AI to devops and security. Last year’s event was the first in-person Cloud Next since 2019, and Google took to the stage to show off its ongoing dedication to AI with its Duet AI for Gmail and many other debuts , including expansion of generative AI to its security product line and other enterprise-focused updates and debuts .

Don’t have time to watch the full archive of Google’s keynote event ? That’s OK; we’ve summed up the most important parts of the event below, with additional details from the TechCrunch team on the ground at the event. And Tuesday’s updates weren’t the only things Google made available to non-attendees — Wednesday’s developer-focused stream started at 10:30 a.m. PT .

Google Vids

Leveraging AI to help customers develop creative content is something Big Tech is looking for, and Tuesday, Google introduced its version. Google Vids, a new AI-fueled video creation tool , is the latest feature added to the Google Workspace.

Here’s how it works: Google claims users can make videos alongside other Workspace tools like Docs and Sheets. The editing, writing and production is all there. You also can collaborate with colleagues in real time within Google Vids. Read more

Gemini Code Assist

After reading about Google’s new Gemini Code Assist , an enterprise-focused AI code completion and assistance tool, you may be asking yourself if that sounds familiar. And you would be correct. TechCrunch Senior Editor Frederic Lardinois writes that “Google previously offered a similar service under the now-defunct Duet AI branding.” Then Gemini came along. Code Assist is a direct competitor to GitHub’s Copilot Enterprise. Here’s why

And to put Gemini Code Assist into context, Alex Wilhelm breaks down its competition with Copilot, and its potential risks and benefits to developers, in the latest TechCrunch Minute episode.

Google Workspace

Image Credits: Google

Among the new features are voice prompts to kick off the AI-based “Help me write” feature in Gmail while on the go . Another one for Gmail includes a way to instantly turn rough email drafts into a more polished email. Over on Sheets, you can send out a customizable alert when a certain field changes. Meanwhile, a new set of templates make starting a new spreadsheet easier. For the Doc lovers, there is support for tabs now. This is good because, according to the company, you can “organize information in a single document instead of linking to multiple documents or searching through Drive.” Of course, subscribers get the goodies first. Read more

Google also seems to have plans to monetize two of its new AI features for the Google Workspace productivity suite. This will look like $10/month/user add-on packages. One will be for the new AI meetings and messaging add-on that takes notes for you, provides meeting summaries and translates content into 69 languages. The other is for the introduced AI security package, which helps admins keep Google Workspace content more secure. Read more

In February, Google announced an image generator built into Gemini, Google’s AI-powered chatbot. The company pulled it shortly after it was found to be randomly injecting gender and racial diversity into prompts about people. This resulted in some offensive inaccuracies. While we waited for an eventual re-release, Google came out with the enhanced image-generating tool, Imagen 2 . This is inside its Vertex AI developer platform and has more of a focus on enterprise. Imagen 2 is now generally available and comes with some fun new capabilities, including inpainting and outpainting. There’s also what Google’s calling “text-to-live images” where you  can now create short, four-second videos from text prompts, along the lines of AI-powered clip generation tools like Runway ,  Pika  and  Irreverent Labs . Read more

Vertex AI Agent Builder

We can all use a little bit of help, right? Meet Google’s Vertex AI Agent Builder, a new tool to help companies build AI agents.

“Vertex AI Agent Builder allows people to very easily and quickly build conversational agents,” Google Cloud CEO Thomas Kurian said. “You can build and deploy production-ready, generative AI-powered conversational agents and instruct and guide them the same way that you do humans to improve the quality and correctness of answers from models.”

To do this, the company uses a process called “grounding,” where the answers are tied to something considered to be a reliable source. In this case, it’s relying on Google Search (which in reality could or could not be accurate). Read more

Gemini comes to databases

Google calls Gemini in Databases a collection of features that “simplify all aspects of the database journey.” In less jargony language, it’s a bundle of AI-powered, developer-focused tools for Google Cloud customers who are creating, monitoring and migrating app databases. Read more

Google renews its focus on data sovereignty

Image Credits: MirageC / Getty Images

Google has offered cloud sovereignties before, but now it is focused more on partnerships rather than building them out on their own. Read more

Security tools get some AI love

Image Credits: Getty Images

Google jumps on board the productizing generative AI-powered security tool train with a number of new products and features aimed at large companies. Those include Threat Intelligence, which can analyze large portions of potentially malicious code. It also lets users perform natural language searches for ongoing threats or indicators of compromise. Another is Chronicle, Google’s cybersecurity telemetry offering for cloud customers to assist with cybersecurity investigations. The third is the enterprise cybersecurity and risk management suite Security Command Center. Read more

Nvidia’s Blackwell platform

One of the anticipated announcements is Nvidia’s next-generation Blackwell platform coming to Google Cloud in early 2025. Yes, that seems so far away. However, here is what to look forward to: support for the high-performance Nvidia HGX B200 for AI and HPC workloads and GB200 NBL72 for large language model (LLM) training. Oh, and we can reveal that the GB200 servers will be liquid-cooled. Read more

Chrome Enterprise Premium

Meanwhile, Google is expanding its Chrome Enterprise product suite with the launch of Chrome Enterprise Premium . What’s new here is that it mainly pertains mostly to security capabilities of the existing service, based on the insight that browsers are now the endpoints where most of the high-value work inside a company is done. Read more

Gemini 1.5 Pro

Everyone can use a “half” every now and again, and Google obliges with Gemini 1.5 Pro. This, Kyle Wiggers writes, is “Google’s most capable generative AI model,” and is now available in public preview on Vertex AI, Google’s enterprise-focused AI development platform. Here’s what you get for that half: T he amount of context that it can process, which is from 128,000 tokens up to 1 million tokens, where “tokens” refers to subdivided bits of raw data (like the syllables “fan,” “tas” and “tic” in the word “fantastic”). Read more

Open source tools

At Google Cloud Next 2024, the company debuted a number of open source tools primarily aimed at supporting generative AI projects and infrastructure. One is Max Diffusion, which is a collection of reference implementations of various diffusion models that run on XLA, or Accelerated Linear Algebra, devices. Then there is JetStream, a new engine to run generative AI models. The third is MaxTest, a collection of text-generating AI models targeting TPUs and Nvidia GPUs in the cloud. Read more

We don’t know a lot about this one, however, here is what we do know : Google Cloud joins AWS and Azure in announcing its first custom-built Arm processor, dubbed Axion. Frederic Lardinois writes that “based on Arm’s Neoverse 2 designs, Google says its Axion instances offer 30% better performance than other Arm-based instances from competitors like AWS and Microsoft and up to 50% better performance and 60% better energy efficiency than comparable X86-based instances.” Read more

The entire Google Cloud Next keynote

If all of that isn’t enough of an AI and cloud update deluge, you can watch the entire event keynote via the embed below.

Google Cloud Next’s developer keynote

On Wednesday, Google held a separate keynote for developers . They offered a deeper dive into the ins and outs of a number of tools outlined during the Tuesday keynote, including Gemini Cloud Assist, using AI for product recommendations and chat agents, ending with a showcase from Hugging Face. You can check out the full keynote below.

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The Worst Part of a Wall Street Career May Be Coming to an End

Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work, raising tough questions about the future of finance.

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By Rob Copeland

Rob Copeland spoke to executives at major banks and consultancies across Wall Street for this article.

Pulling all-nighters to assemble PowerPoint presentations. Punching numbers into Excel spreadsheets. Finessing the language on esoteric financial documents that may never be read by another soul.

Listen to this article with reporter commentary

Such grunt work has long been a rite of passage in investment banking, an industry at the top of the corporate pyramid that lures thousands of young people every year with the promise of prestige and pay.

Until now. Generative artificial intelligence — the technology upending many industries with its ability to produce and crunch new data — has landed on Wall Street. And investment banks, long inured to cultural change , are rapidly turning into Exhibit A on how the new technology could not only supplement but supplant entire ranks of workers.

The jobs most immediately at risk are those performed by analysts at the bottom rung of the investment banking business, who put in endless hours to learn the building blocks of corporate finance, including the intricacies of mergers, public offerings and bond deals. Now, A.I. can do much of that work speedily and with considerably less whining .

“The structure of these jobs has remained largely unchanged at least for a decade,” said Julia Dhar, head of BCG’s Behavioral Science Lab and a consultant to major banks experimenting with A.I. The inevitable question, as she put it, is “do you need fewer analysts?”

Some of Wall Street’s major banks are asking the same question, as they test A.I. tools that can largely replace their armies of analysts by performing in seconds the work that now takes hours, or a whole weekend. The software, being deployed inside banks under code names such as “Socrates,” is likely not only to change the arc of a Wall Street career, but also to essentially nullify the need to hire thousands of new college graduates.

Top executives at Goldman Sachs, Morgan Stanley and other banks are debating how deep they can cut their incoming analyst classes, according to several people involved in the ongoing discussions. Some inside those banks and others have suggested they could cut back on their hiring of junior investment banking analysts by as much as two-thirds, and slash the pay of those they do hire, on the grounds that the jobs won’t be as taxing as before.

“The easy idea,” said Christoph Rabenseifner, Deutsche Bank’s chief strategy officer for technology, data and innovation, “is you just replace juniors with an A.I. tool,” although he added that human involvement will remain necessary.

Representatives for Goldman, Morgan Stanley, Deutsche Bank and others said it was too early to comment on specific job changes. But the consulting giant Accenture estimated that A.I. could replace or supplement nearly three-quarters of bank employees’ working hours across the industry.

Goldman is “experimenting with the technology,” said Nick Carcaterra, a bank spokesman. “In the near term, we anticipate no changes to our incoming analyst classes.”

This week, JPMorgan Chase’s chief executive, Jamie Dimon, wrote in his annual shareholder letter that A.I. “may reduce certain job categories or roles,” and labeled the technology top among the most important issues facing the nation’s largest bank. Mr. Dimon compared the consequences to those of “the printing press, the steam engine, electricity, computing and the internet, among others.”

Investment banking is a hierarchical industry, and banks typically hire young talent through two-year analyst contracts. Tens of thousands of 20-somethings (both from undergraduate and M.B.A. programs) apply for some 200 spots in each major bank’s program. Pay starts at more than $100,000, not including year-end bonuses.

If they persevere, they move up the ranks to associate, then director and managing director; a handful end up running divisions. Although grueling, the life of a senior banker can be glamorous, involving traveling around the globe to pitch clients and working on big-money corporate merger deals. Many who get through the two-year analyst program have gone on to become business titans — the billionaires Michael Bloomberg and Stephen Schwarzman began their careers in investment banking — but a majority will leave before or after their two years are up, bank representatives said.

There are jokes among junior bankers that the most common tasks of the job involve dragging icons from one side of a document to another, only to be asked to replace the icon over and again.

“One hundred percent drudgery and boring,” said Gabriel Stengel, a former banking analyst who left the industry two years ago. Val Srinivas, a senior researcher for banking at Deloitte, said a lot of the work involved “gathering material, poring through it and putting it through a different format.”

Gregory Larkin, another former banking analyst, said the new technology would start “a civil war” inside Wall Street’s biggest firms by tilting the balance of power to technologists who program A.I. tools, as opposed to the bankers who use them — to say nothing of technology giants like Microsoft and Google, which license much of the A.I. technology to banks for hefty fees.

“A.I. will enable us to do tasks that take 10 hours in 10 seconds,” said Jay Horine, co-head of investment banking at JPMorgan, describing analyst jobs. “My hope and belief is it will allow the job to be more interesting.”

A.I.’s impact on finance is simply one facet of how the technology will reshape the workplace for all. Artificial intelligence systems, which include large language models and question-and-answer bots like ChatGPT, can quickly synthesize information and automate tasks. Virtually all industries are beginning to grapple with it to some degree.

Deutsche Bank is uploading reams of financial data into proprietary A.I. tools that can instantaneously answer questions about publicly traded companies and create summary documents on complementary financial moves that might benefit a client — and earn the bank a profit.

Mr. Horine said he could use A.I. to identify clients that might be ripe for a bond offering, the sort of bread-and-butter transaction for which investment bankers charge clients millions of dollars.

Goldman Sachs has assigned 1,000 developers to test A.I., including software that can turn what it terms “corpus” information — or enormous amounts of text and data collected from thousands of sources — into page presentations that mimic the bank’s typeface, logo, styles and charts. One firm executive privately called it a “Kitty Hawk moment,” or one that would change the course of the firm’s future.

That isn’t limited to investment banking; BNY Mellon’s chief executive said on a recent earnings call that his research analysts could now wake up two hours later than usual, because A.I. can read overnight economic data and create a written draft of analysis to work from.

Morgan Stanley’s head of technology, Michael Pizzi, told employees in a January private meeting, a video of which was viewed by The New York Times, that he would “get A.I. into every area of what we do,” including wealth management, where the bank employs thousands of people to determine the proper mix of investments for well-off savers.

Many of those tools are still in the testing phase, and will need to be run past regulators before they can be deployed at scale on live work. Bank of America’s chief executive said last year that the technology was already enabling the firm to hire less.

Among Goldman Sachs’s sprawling A.I. efforts is a tool under development that can transfigure a lengthy PowerPoint document into a formal “S-1,” the legalese-packed document for initial public offerings required for all listed companies.

The software takes less than a second to complete the job.

Read by Rob Copeland

Audio produced by Patricia Sulbarán .

Rob Copeland is a finance reporter, writing about Wall Street and the banking industry. More about Rob Copeland

Explore Our Coverage of Artificial Intelligence

News  and Analysis

Users of Instagram, Facebook, WhatsApp and Messenger will soon be able to use newly added smart assistants , powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.

Microsoft said that it would make a $1.5 billion investment in G42 , an A.I. giant in the United Arab Emirates, in a deal largely orchestrated by the Biden administration to box out China.

Instagram is testing a program that offers its top influencers the ability to interact with their followers over direct messages using an A.I. chatbot .

The Age of A.I.

Could A.I. change India’s elections? Avatars are addressing voters by name, in whichever of India’s many languages they speak. Experts see potential for misuse  in a country already rife with disinformation.

Which A.I. system writes the best computer code or generates the most realistic image? Right now, there’s no easy way to answer those questions, our technology columnist writes .

U.S. clinics are starting to offer patients a new service: having their mammograms read not just by a radiologist, but also by an A.I. model .

A.I. tools can replace much of Wall Street’s entry-level white-collar work , raising tough questions about the future of finance.

The boom in A.I. technology has put a more sophisticated spin on a kind of gig work that doesn’t require leaving the house: training A.I, models .