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May 13, 2024 · Goldman Sachs Research predicted last year that generative AI could boost GDP and raise labor productivity growth over the coming decade. Since publishing that outlook, investment in generative AI has boomed, but it will take time for the technology to filter into the overall economy.

Goldman Sachs will finish rolling out its first generative artificial intelligence tool—for code generation—to thousands of developers across the company by the end of the month.

Aug 1, 2023 · Generative AI has enormous economic potential and could boost global labor productivity by more than 1 percentage point a year in the decade following widespread usage, Goldman Sachs economists Joseph Briggs and Devesh Kodnani write in the team’s report.

3 days ago · Goldman Sachs has announced its "GS AI assistant" has begun to roll out to around 10,000 employees as part of their long term push to introduce AI "employees", says Futurism. The AI assistant will be tasked with summarizing and proofreading emails, as well as translating code between programming ...

Mar 31, 2023 · If generative AI lives up to its hype, the workforce in the United States and Europe will be upended, Goldman Sachs reported this week in a sobering and alarming report about AI's ascendance....

Aug 22, 2024 · The company leveraged an AI-driven developer productivity tool to accelerate coding, code review, and test generation by proposing code options based on text prompting …

Apr 15, 2024 · Goldman Sachs’ David Solomon says his company is ready to finance the AI revolution: “I actually think there’s a very, very constructive runway of opportunity.”

Jan 3, 2025 · With the world’s biggest companies racing to build the most sophisticated artificial intelligence, questions about how far and how fast the technology can be scaled are coming into focus, according to Goldman Sachs Research.

2 days ago · Goldman Sachs Research forecasts global power demand from data centers will increase 50% by 2027 and by as much as 165% by the end of the decade (compared with 2023), writes James Schneider, a senior equity research analyst covering US telecom, digital infrastructure, and IT services, in the team’s report.