Goldman Sachs


Good morning. Goldman Sachs is one of the world’s leading investment banks, paving the way for the next generation of financial leaders to shape the future of workplace AI.

The bank employs about 2500 to 3,000 interns each summer. For the 2025 internship class, Goldman Sachs received more than 360,000 applications, an increase of 15% from last year. wealth Report. The program has an acceptance rate of only 0.7% this year, so it is highly competitive and is a pipeline for permanent positions.

Goldman Sachs is about what young finance professionals want in employers, including focusing on technology. In the new wealth Opinion ArticlesMarco Argenti, chief information officer of Goldman Sachs, believes that companies should empower young professionals with AI skills to help develop strategies.

Some people predict Agent AI– Autonomous systems that can perform tasks and make independent decisions will occupy a primary role, Argentina says the reality is even more nuanced. Early career workers are more important than ever because they are “AI natives” who grew up in generated AI and have unique abilities to adapt and shape their future.

“Understanding how we develop a generation of natives and provide them with the right skills and tools to be leaders rather than passive observers of this transformation is crucial to defining the future of work and society as a whole,” Argenti wrote.

He continued: “Their intuition, creativity and adaptability will determine that we successfully integrate AI into our organizations, not only as a tool, but also as partners. The challenges ahead are beyond the scope of technology; it is culture, education and unique humanity.”

With every major technological change, a new generation of leaders emerges, especially entrepreneurs whose fluent AI is reshaping the business world. “Think about the CEO of companies like Devin (AI), Windsurf and Scale AI – all of them.”

Goldman Sachs recently launched GS AI Assistantan internal AI program that enables employees to interact with large language models of firm firewalls within the company, reducing the risk of sensitive data leakage. The company said in an internal memo that AI will be used to improve efficiency. wealth Report.

Research shows that AI adoption among desk workers is accelerating. According to Salesforce’s latest Slack Labor Force Indexa survey of 5,000 desk workers worldwide found that AI users are 64% more productive per day and 81% more job satisfaction than non-users.

The survey results show that more than 95% of workers have used AI to perform tasks that previously lacked their skills, and now workers are 154% more likely to use AI agents to enhance their performance and creativity rather than simply automating tasks. It is worth noting that millennials are becoming the leading AI power users at work: 30% say they fully understand AI agents, even surpassing Gen Z (22%).

As AI continues to redefine the workplace, companies like Goldman Sachs highlight the potential benefits of empowering AI natives.

Sheryl Estrada
sheryl.estrada@fortune.com

Ranking list

Raphael Duvivier Promoted to CFO Krispy Kreme, Inc. (NASDAQ: dnut), effective July 11. Duvivier is currently the President of Krispy Kreme International. Since joining the company in 2019, he has held several leadership positions including CFO and Strategy Officer in the Field, International and Chief Development Officer. Prior to that, Duvivier held leadership positions at Opus Investimentos.

Brian Musfeldt Appointed as Chief Financial Officer Stem, Inc. (NYSE: STEM) is an artificial intelligence-driven clean energy software and services provider that will take effect on July 17. Musfield replaced Doran Hole, who resigned. Musfeldt returned to STEM after serving as loose chief financial officer from 2017 to 2023 and played a role in the sale of energy to STEM in 2022. From 2023 to 2025, he served as CFO of platform technology company Ikegps.

event

How to get ROI from AI in financial functions“It is a report from the Boston Consulting Group (BCG). The study found that strong ROI was achieved from the outset, rather than pursuing learning for itself. Rather than focusing on isolated use cases, a broad and transformative approach was adopted.

Based on the survey results, implementing strategies that are superior to the organization and their priorities are set. Of the more than 30 implementation strategies for BCG testing, 10 are the most successful, including integrating AI and generative AI into overall financial transformation, systematic tracking, developing clear data strategies, and focusing on fast winning.

Provided by BCG

More in-depth

“Did AI limit our creativity?” Yes New report In Wharton Business Review. New research co-authored by Wharton professor Gideon Nave and Christian Terwiesch found that while Chatgpt improves the quality of individual thoughts, it also leads groups to generate more similar ideas. To thrive, the team must deliberately protect and promote various ideas, researchers say.

Heard

“We have very automated processes and scale.”

– Pete Ruggiero, CEO of Creala – Beginning in 1997 with an accountant in the company wealth During the interview. In 2007, Crayola launched a major plan to eliminate waste and increase production by automating critical processes. This work includes investing in new high-speed production technologies and using a lean Six Sigma approach to reduce inefficiency, a corporate philosophy that encourages employees to identify and solve problems.

This is the web version of CFO Daily, a newsletter about trends and personal shaping company financing. Free registration.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *