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Goldman Sachs will not be able to talk to a coffee with the latest tenant’s colleague Rishi Sunak or participate in a happy hours of the company. On the contrary, the coding tasks will work all day.
Recently Wall Street Investment Bank, Devin hired: AI presented a new AI-Powered Autonomous Software Engineer generated by the start Cognition. According to Goldman’s General Information Manager, Goldman is able to perform extreme coding tasks, Goldman’s chief information worker hopes to increase employee productivity three or four times by the previous AI tools Marco Argenti.
“We will begin to grow with our new employee, which will begin to work on behalf of our developers,” Argentdi said, “Argentdi said recently CNBC.
Goldman Sachs said hundreds of more than a thousand people, in addition to the thousands, about 12,000 in society, in addition to 12,000 existing software engineers, said that this action hopes that people and AI will help the Hybrid workforce.
“It’s really about people and EU work side by side,” he said. “Engineers are expected to be able to really describe the problems in a row and turn it into instructions … and then they will be able to control the work of the agents.”
Fortune Reached Goldman Sachs for comment.
Increased concerns to kill AI’s white collar roles and entry level concerts
Despite the impetus to start the Devin, Goldman continues Hire software engineersby an open role in the world. This Salary of joint roles in some New York Start about $ 115,000 each year and can even continue to $ 180,000.
However, business leaders warned these early career roles are those who can be obsolete the EU as soon as possible. Eg, anthropic CEO Dario Amodei Forecasted This AI can eliminate half of all entry level white collar work in five years. Ford CEO Jim Farley He further progressed and noted that all the white collar work could disappear with the fact that their careers were outside the beginning of their careers.
“America’s dream has many ways, but our whole education system is aimed at four years (college) education,” said Farley Aspen Thought Festival last month. “Recruiting an entry employee in a technological company since 2019 has fallen 50% since 2019. Do we really want all our children to go? Artificial intelligence will replace half of all white collar workers in the United States”
Especially for the banking industry, a workforce transformation with this AI can lead to 200,000 fewer people in Wall Street for the next three to five years Bloomberg. However, Argentdi said that those who choose to embrace the EU will be best equipped for the successful future, and this is especially important for young talents, which is reduced by entry roles.
“AI shift takes place for years and decades,” said Argenti wrote in a comment piece for Fortune. “Incompetent workers using AI tools will be left behind and learners learn to raise their work,” he said.
