Goldman Sachs CIO says AI tools may offer superhuman productivity, but ‘I don't know if they can be superhumanly smart' [Yahoo! Finance]
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Goldman Sachs Group, Inc. (The) (GS)
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yesterday with Fortune at the Cerebral Valley AI Summit in Manhattan, Argenti struck a more understated tone on the power of generative AI models. “I see evidence that they could be superhumanly productive,” he said. “I don't know if they can be superhumanly smart.” For one thing, he emphasized, you can often “trust the reasoning” of AI models—that is, how the model analyzes information, makes inferences, and draws conclusions to make decisions—more than the model's actual output, which can sometimes be inaccurate. However, he said, that is hardly unique to AI. “Every human develops logic and experience, but we don't even do a great job of retaining facts,” he said. Still, the firm is moving slowly on green-lighting AI tools because “there is so much that we don't know yet about these models.” That measured pace can be difficult in an era of generative AI innovation, and Argenti said companies “need to have a sense of urgency, for sure.” But as a CIO at a highly regulated bank
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