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Fortune
Fortune
Preston Fore

Goldman Sachs doesn't have to hire a $180,000 software engineer—meet Devin, its new AI-powered worker

Man working at a computer (Credit: Weedezign—Getty Images)
  • Goldman Sachs just hired Devin, an AI-powered software engineer that’s capable of coding just as well as humans—minus six-figure salaries. The company also has plans to potentially unleash it by the thousands and expand workers’ productivity with AI tools by over four times. While the firm’s tech leader sees a future that’s a “hybrid workforce” between humans and AI, leaders like Ford CEO Jim Farley warn of a decrease in white-collar work.

The newest hire at Goldman Sachs won’t be able to have a coffee chat with coworker Rishi Sunak, or attend the firm’s after-work happy hour. Rather, it will be working all day on its coding assignments.

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