Goldman Sachs doesn't have to hire a $180k software engineer–meet Devin
10 months ago
- #AI
- #Goldman Sachs
- #Workforce Transformation
- Goldman Sachs hired Devin, an AI-powered software engineer capable of coding like humans.
- Devin aims to boost worker productivity by up to four times.
- Goldman plans to deploy Devin by the hundreds or thousands, alongside human engineers.
- CIO Marco Argenti envisions a 'hybrid workforce' where humans and AI collaborate.
- Concerns arise over AI replacing white-collar jobs, especially entry-level roles.
- Anthropic CEO predicts AI could eliminate half of entry-level white-collar jobs in five years.
- Ford CEO Jim Farley warns AI may replace all white-collar work in the U.S.
- Bloomberg estimates AI could reduce Wall Street jobs by 200,000 in 3-5 years.
- Argenti emphasizes the need for workers to adapt to AI tools to stay competitive.