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Goldman Sachs CIO on How the Bank Is Actually Using AI

Odd Lots

NOTE

The Transformation of Non-Tech Roles in Banking Through AI

AI is set to significantly transform non-tech roles within the banking sector, particularly in areas related to content production and summarization. Tasks such as creating earnings reports for different audience segments and developing pitch books for clients can be automated, which may lead to a reduction in the number of junior analysts engaged in these functions. This automation allows workers to focus on more meaningful tasks, thereby enhancing job satisfaction and productivity. As the distinctions between roles blur, both developers and knowledge workers will increasingly collaborate, leveraging AI to produce higher-quality outputs. Ultimately, AI's influence in the banking sector aims to elevate work quality, fostering a more engaged and productive workforce. The effectiveness of AI prompts relies on an empathetic approach, encouraging kindness and a deeper connection in task execution.

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