Goldman CEO says the bank's entry-level hiring may 'contract a little' as AI changes the talent mix
CEO David Solomon said Goldman will "still hire a lot of people out of school," but AI means the bank has to rethink how young workers learn.
Goldman CEO says the bank’s entry-level hiring may ‘contract a little’ as AI changes the talent mix Goldman Sachs CEO David Solomon anticipates a “contracting a little” of the bank’s out-of-school hiring over the next three years due to AI’s influence on work. While the firm will still hire thousands of interns and recent graduates, the mix will likely shift further towards engineering talent. This necessitates a rethinking of how young workers are trained, as AI provides instant answers that once required extensive manual effort and critical thinking development.
- Goldman Sachs CEO David Solomon predicts a slight reduction in entry-level hiring over the next few years due to AI.
- The firm will continue to hire thousands of interns and recent graduates.
- The talent mix is shifting towards engineering due to AI and coding capabilities.
- Goldman needs to adapt training methods for young workers in an AI-driven environment.
- Solomon believes the ‘AI jobs apocalypse’ is overblown and advocates for traditional communication methods like phone calls for young bankers. Continue reading https://www.businessinsider.com/goldman-ceo-entry-level-hiring-ai-2026-6
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