Goldman Sachs Starts Process of Replacing Bankers With AI

Goldman Sachs Starts Process of Replacing Bankers With AI
futurism.com

by Victor Tangermann • 9 days ago

Goldman Sachs is initiating the replacement of some employees with AI technology, launching a "GS AI assistant" for around 10,000 staff. The AI will assist with tasks like summarizing emails and code translation. While the firm claims this will enhance employee productivity, it raises concerns about potential job losses, particularly in roles involving repetitive tasks. Goldman anticipates AI will evolve to perform tasks akin to human employees, despite existing limitations and risks associated with AI.

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