Goldman Sachs CEO David Solomon predicts that advancements in AI will lead to an increase in the bank’s workforce over the next decade. Contrary to common belief, he expects AI to create more jobs. Solomon emphasizes the firm’s investment in technology, aiming to empower employees with better information and analytical capabilities. At present, Goldman Sachs has about 46,000 employees, including 12,000 technologists, with a $6 billion technology budget. While Solomon sees potential in software development, he also warns of an AI bubble risk. This underscores the importance of AI in banking and the need for more technologists.

Read more at Yahoo Finance: ‘We’ll Wind Up With More Jobs 10 Years From Now Than We Have Today’