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An intern at a YC startup needed to extract SEC filings + earnings data for all Fortune 100 companies. He shipped it in 2 days using GPT-4.1 — and got a return offer. The agent: - Scrapes each company’s investor relations page - Pulls 10-Ks, 10-Qs, earnings slides, and... show more
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Well, you’ve been able to do this with bloomberg and factset for around 20 years. To be clear, I’m not saying AI isn’t useful and going to have a huge (largest in history?) impact, just that this isn’t a good example of it’s capabilities.

That’s a good point! They were likely using some form of scraping themselves, and that process was probably manual and difficult. A platform like this would make it much easier. I also agree there are even higher-impact problems AI scraping can help solve.

SEC has free api

It usually has less information than the company’s investor relations page.

I’m not following… it took teams of analysts to do some simple scraping? Or is there also some actual analysis of the data that was happening too?

Building and fixing scrapers as sites changed and bypassing anti-bot measures took them a lot of time. Scraping a few sites is easy, but it becomes a headache at scale.

Did web scrapers not exist before GPT? C’mon now.

It did, but someone had to write the scrapers manually which is time-consuming and difficult across hundreds of sites. This makes it 10x faster and easier by automatically generating the code.

Yup, that’s true. The bar hasn’t just risen; it has completely changed. Now, a high-agency, high-intellect person can replace an entire team. This is the era of high-agency people. Those with high agency are going to become ultra-successful in this new age of AI. Exciting times to be alive.

💯 💯
