Goldman Sachs Identifies Top AI Stocks for Long-Term Growth

1 min read
Source: Yahoo Finance
TL;DR Summary

Goldman Sachs's Chief Information Officer, Marco Argenti, believes that AI is a profound disrupter that could revolutionize not only the financial industry but all digital and knowledge industries. Argenti sees AI as a translator between coders and computers, boosting engineering productivity. He envisions large language models being used to summarize relevant news and deliver it to bankers, along with client impact and talking points. The challenge lies in ensuring the safety and accuracy of the information shared. Argenti emphasizes that technology is no longer just a back-office function but a driver of competitive advantage and the strategic agenda of firms.

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