

Goldman Sachs CIO on How the Bank Is Actually Using AI
77 snips Aug 8, 2024
Marco Argenti, Chief Information Officer at Goldman Sachs, discusses the bank's strategic use of AI amidst rising hype and concerns. He shares insights on developing internal AI tools and balancing risks like data privacy with opportunities for innovation. Argenti emphasizes the importance of human oversight in managing AI-driven processes and how the role of CIO is evolving in this landscape. Additionally, he touches on optimizing efficiency with AI and the impact of technological advancements on the financial sector.
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Marco's Mother's Question
- Marco Argenti's mother asked him what he does at Goldman Sachs.
- He jokingly replied, "I make sure the printers don't run out of paper."
Evolving Role of CIO
- The CIO's role has evolved beyond traditional IT.
- It's about defining a firm's technology strategy for a competitive edge.
Focus on Written Communication
- Emphasize written communication and narratives.
- Adopt the "Amazon" meeting style: start by reading a document together to improve focus and inclusion.