Goldman Sachs Develops AI Assistant Mimicking Seasoned Bankers

Generative AI Tool Aims to Enhance Efficiency and Decision-Making

Highlights:

1. Generative AI Tool: Goldman Sachs is rolling out a generative AI assistant to its employees, aiming to replicate the expertise of veteran bankers.
2. Enhanced Efficiency: The AI assistant can handle tasks like summarizing emails, proofreading, and translating code, with future versions expected to perform multistep tasks autonomously.
3. Industry Trend: Goldman Sachs joins other Wall Street firms like Morgan Stanley and JPMorgan in adopting AI technology to improve productivity and decision-making.

Summarized Story:

Goldman Sachs is introducing a generative AI assistant to its workforce, designed to think and act like a seasoned banker. The AI tool, called GS AI assistant, is initially helping with tasks such as summarizing emails and proofreading.

Over time, it is expected to perform more complex, multistep tasks with minimal human intervention. This move is part of a broader trend among Wall Street firms to leverage AI technology for enhanced efficiency and decision-making.