Goldman Sachs Launches AI Assistant Firmwide, With 10,000 Employees Already Using It

Goldman Sachs has launched a generative AI assistant for its employees, with 10,000 already utilizing it for tasks such as document summarization and data analysis. While the company claims the AI will enable staff to focus on higher-value work, reports suggest it may lead to decreased workforce needs, as evidenced by one banker noting that AI now handles 85% of client responses, preventing the hiring of 30 new staff.

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