"One of the things that's happening here that's a little bit different, is this is going at a pace that's quicker. Because the pace is so quick, I think there's a possibility that there's a little bit more volatility or an unsettled transition around certain job functions."
"Yes, there will be job functions that shift and change...But I'm excited about it. If you take a three to five year view, it's giving us more capacity to invest in our business."
"I can't find a CEO that I'm talking to, in any industry, that is not focused on how they can reimagine and automate processes in their business to create operating efficiency and productivity,"
Technological change and AI are accelerating impacts on headcount, job functions, and how people work, producing faster transitions and potential short-term volatility in some roles. Many jobs historically labeled redundant were instead transformed or reshaped by new technology. Goldman Sachs now employs about 13,000 engineers, a substantial increase from 25 years ago, and the engineer–AI mix is expected to continue evolving. Flexible, nimble economies and companies can adapt by shifting roles and redeploying workers, enabling increased capacity to invest over a three- to five-year horizon. CEOs across industries are prioritizing reimagining and automating processes to boost operating efficiency and productivity.
Read at Fortune
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