Goldman Sachs: 0 jobs cut
Goldman CEO David Solomon demonstrated AI completing 95% of an IPO prospectus in minutes — work that previously required a six-person team two weeks. Goldman found a median 30% productivity gain in two specific use cases. Plans to deploy thousands of autonomous AI coding agents with 3-4x productivity projections.
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Goldman Sachs: AI completes 95% of IPO prospectus in minutes, 30% productivity boost in two use cases
Goldman CEO David Solomon demonstrated AI completing 95% of an IPO prospectus in minutes — work that previously required a six-person team two weeks. Goldman found a median 30% productivity gain in two specific use cases. Plans to deploy thousands of autonomous AI coding agents with 3-4x productivity projections.