"Last month, more than 100 young wealthy founders, inheritors, and industry leaders flew in from all around the world in the luxe mountain town of Aspen, Colo. At Goldman Sachs' annual At the Helm event, the bank's affluent clients dropped and did pushups for a Navy SEAL, unfurled their relationship with wealth guru Sahil Bloom, and strategized legacy with Mindy Kaling. But one of the most buzzy endeavors was addressing the elephant in the room: artificial intelligence."
"AI is on everyone's mind-from the desk worker hand-wringing over their role becoming automated, to the tech CEO trying to keep up with their competitors. It's a $280 billion industry that's boosted leaders like Anthropic's Dario Amodei to billion-dollar net worths, and is completely upending the way we move through our professional and personal lives. So, of course, wealthy clientele attending Goldman Sachs' annual summit were all ears."
Wealthy founders, inheritors, and industry leaders convened in Aspen for Goldman Sachs' At the Helm summit, mixing lifestyle programming with high-level strategy. Artificial intelligence dominated conversations as a $280 billion industry altering work, competition, and daily life, and elevating some founders to billionaire status. Private Wealth Management clients with average account sizes above $75 million focused on investment opportunities, environmental impacts, and industry innovation tied to AI. Attendees expressed a mix of anxiety and excitement about automation and disruption. Goldman Sachs communicated that it does not consider current AI markets to be a speculative bubble while anticipating divergent winners and losers.
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