Goldman Sachs CIO on the Future of AI: Reshaping Careers and Boosting Productivity

Goldman Sachs' Chief Information Officer Marco Argenti discusses the impact of AI on the bank's 12,000 engineers, boosting careers and productivity. He sees AI as a tool to redefine career paths and save lives, and emphasizes the importance of learning to manage machines before managing people. Argenti oversees the bank's push into AI, including its internal generative AI platform, GSAI Assistant.

Goldman Sachs' Chief Information Officer, Marco Argenti, has been at the forefront of the bank's push into artificial intelligence, and his insights into the impact of AI on the bank's 12,000 engineers are revealing. In an interview with Business Insider, Argenti discussed how AI is transforming the roles and responsibilities of his engineering team, boosting productivity, and redefining career paths.

AI's Role in Boosting Productivity

The integration of AI at Goldman Sachs is not just about automating repetitive tasks but also about enhancing the capabilities of the engineering workforce. Argenti highlighted that AI is being used to streamline various aspects of the bank's operations, from trading platforms to private wealth advisory services. This shift allows developers to focus on more complex and value-added tasks, thereby increasing overall productivity.

Redefining Career Paths

One of the most significant impacts of AI is how it is redefining career paths within the engineering team. Argenti emphasized that AI is not just a tool for automation but also a means to develop new skills and roles. He noted that engineers are now learning to manage machines before managing people, a shift that is essential in today's tech-driven landscape.

The Importance of Learning to Manage Machines

The ability to manage AI systems effectively is becoming a critical skill. Argenti believes that learning to manage machines is a necessary step before managing people, as AI will increasingly play a role in decision-making and operational processes. This new skill set is not only valuable within the engineering team but also has broader implications for the financial industry.

Goldman Sachs' Generative AI Platform

Goldman Sachs has rolled out its internal generative AI platform, GSAI Assistant, which is designed to assist in various tasks, from data analysis to risk management. This platform is a testament to the bank's commitment to leveraging AI to drive innovation and efficiency. Argenti noted that GSAI Assistant is just the beginning, and the bank is continually exploring new ways to integrate AI into its operations.

Staying Ahead of the Curve

Argenti also stressed the importance of staying connected and innovative in the rapidly evolving field of AI. He mentioned that Goldman Sachs is continually engaging with academics and startups to stay ahead of the curve and to understand the latest developments in AI technology. This proactive approach ensures that the bank remains at the forefront of technological innovation.

Conclusion

The impact of AI on Goldman Sachs' engineering workforce is profound. By boosting productivity, redefining career paths, and enhancing the bank's technological capabilities, AI is transforming the way the bank operates. Under the leadership of Marco Argenti, Goldman Sachs is not just embracing AI but also ensuring that its workforce is equipped to thrive in this new era of technological advancement.

References

Banking's AI future: Industry executives reveal 5 lessons for ...^[1] https://www.sas.com/zh_tw/news/press-releases/2025/september/bankings-ai-future.html
Goldman's Marco Argenti on AI, Careers, and the Future of ...^[2] https://www.businessinsider.com/goldman-sachs-marco-argenti-cio-interview-ai-engineers-careers-2025-9