Artificial intelligence is on everyone's lips, and that's expected to translate into big bucks for Goldman Sachs, according to CEO David Solomon.
He said the bank has been "advising clients on these topics and how to think about potential use cases in their operations."
AI's impact on jobsSolomon also explained how, internally, AI could impact its own workforce.
"We see enormous opportunities for productivity gains and also opportunities for efficiency," Solomon said, describing how the AI revolution could impact Goldman's human capital.
Some firms like Deutsche Bank have been piloting test cases to evaluate the impact AI could have on junior bankers' workflows.
Persons:
Goldman Sachs, David Solomon, Solomon, PwC, — Goldman, Goldman, JPMorgan Chase, Reed Alexander
Organizations:
Business, P Global, Intelligence, Deutsche Bank, Goldman, New York Times, JPMorgan, Global
Locations:
ralexander@businessinsider.com