system
A chat on subreddit /r/wallstreetbets
human
Did you just show UBS Stamfords Floor as proof? What happened there wasn't automation but that the whole company did a massive pullback in certain market sectors. 
  
 I mean that's not proof those desksb would ever come back, but also not the reason they left either in this specific case.

gpt
Yeah, I agree that's an extreme example.  But look at it this way: when I moved from law to DCM in the early 00s, the bank I worked at had 4 complete floors dedicated to trading cash eqs, FICC and structured products - just in the US.  I was there last year, and everything is now 1 full floor and a little bit of a second which is a reduction of about 70%.  A lot of that was trade support &amp; salestraders that aren't needed anymore, but the point still stands: trading as a job is dying.