Goldman Sachs has recently hired an AI software engineer named Devin, developed by Cognition, capable of conducting end-to-end coding tasks. This new hire is expected to improve worker productivity by three to four times when compared to previous AI tools. The company plans to launch Devin in large numbers, potentially reaching thousands, alongside its existing workforce of nearly 12,000 software engineers. The strategy aims to foster a hybrid workforce that emphasizes collaboration between human employees and AI, which may raise concerns regarding the impact on white-collar jobs.
Goldman Sachs has hired Devin, an AI-powered software engineer developed by Cognition, capable of end-to-end coding and poised to improve productivity significantly.
The firm aims to implement AI tools like Devin to achieve a hybrid workforce where humans and AI collaborate, increasing productivity by three to four times.
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