Goldman Sachs limits advanced AI coding tools to engineers

Goldman Sachs has restricted most employees from using advanced AI coding tools, leaving access to engineers. Reports say traders and bankers had used the tools for tasks including monitoring trading flows and creating content; the firm cited productivity and risk management among the factors behind the change. A second report also describes traders using the tools to model market moves and create graphics.

• Goldman Sachs has cut off most employees from advanced AI coding tools, while engineers can still use them.· 1 source
• Traders and bankers had used the tools for work that included monitoring trading flows, modeling market moves, and creating content or graphics.· 2 sources
• Goldman spokesperson Nick Carcaterra cited productivity and risk management among the factors, and said the firm was moving beyond experimentation to limit access to people best suited to use the tools long term.· 1 source