Goldman Sachs Executives Say New Hires Will Manage AI Agents
· Business · Bloomberg, Barron's
New finance recruits at Goldman Sachs will begin managing artificial intelligence agents immediately upon joining the firm. Kevin Sneader, who leads the bank's business in the Asia Pacific region excluding Japan, announced the shift at the Milken Institute Asia Summit in Singapore. This change aims to leverage virtual tools to increase operational efficiency among junior staff. The bank has not disclosed how this shift will impact the roles of existing middle managers.
Why it matters
This shift signifies a fundamental change in how entry-level banking roles are structured, potentially reducing the need for traditional manual oversight as AI takes on more tasks.
Read the original report — Bloomberg
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