Goldman’s Marco Argenti says AI turns developers into managers of managers
Marco Argenti said more than 12,000 of Goldman’s 47,000 staff are in its first AI wave. The bank assumes its models will make mistakes and builds around that.
Via TNW | Artificial-intelligence
Goldman Sachs is entering a third phase of AI adoption, in which the goal moves from saving money to making it, the bank’s chief information officer Marco Argenti said. He spoke with Bloomberg anchor Tom Mackenzie at Wave by Vento in Turin on Friday, in a session titled “Mindset, not skillset”.
“How do you make money because of AI, not only how do you save money because of AI?” Argenti said.
Argenti joined Goldman in 2019 from Amazon Web Services…
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