Goldman Sachs has rolled out its generative AI tool, GS AI Assistant, firmwide after successful use by around 10,000 employees. The assistant helps with tasks such as document summarization, content drafting, and data analysis, mirroring trends seen in financial institutions like Citigroup, Morgan Stanley, and Bank of America. CIO Marco Argenti emphasizes that the tool intends to boost productivity and decrease time on repetitive tasks, reflecting a growing integration of AI in firm operations. The internal adoption rate indicates confidence in the assistant's effectiveness, though its future external availability remains uncertain.
Our AI assistant is designed to empower employees by reducing the time spent on repetitive tasks. From drafting reports to analyzing large datasets, the tool is meant to act as a force multiplier.
Goldman Sachs is taking a targeted approach that aligns with broader trends across the industry by focusing the GS AI Assistant on employee productivity and internal knowledge management.
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