July 11, 2011 - CNBC reported today thatGoldman SachsArtificial intelligence startups being tested Cognition Marco Argenti, Goldman Sachs' head of technology and an autonomous software engineer who developed the software, told the outlet that the first AI ProgrammerExpect to join Goldman Sachs' 12,000 human developers soon.
The world's first AI programmer named Devin, which caused quite a stir in the tech world when it was released last year, with developer Cognition claiming to have created the world's first AI software engineer, with a demo video showing the AI running as a full-stack engineer, completing multi-step tasks with minimal intervention.
Argenti said in an interview this week, "We're going to start augmenting our workforce with Devin, and it's going to be like a new hire that we're going to start working on behalf of our developers."
Initially," he said.We will pilot hundreds of Devin, which could follow in the thousands, depending on the use case."
1AI notes that just last year, Wall Street firms including JPMorgan Chase and Morgan Stanley have begun rolling out cognitive assistants based on OpenAI models to familiarize employees with the technology.
Today, the emergence of more autonomous AI on Wall Street -- AI programmers such as Devin, who not only help humans with tasks such as summarizing documents or composing emails, but also perform complex, multistep tasks such as building entire applications -- signals a a bigger shift with greater potential rewards.
Tech giants including Microsoft and Google say AI has contributed about 30% of code to some of their projects, while Salesforce CEO Marc Benioff said last month that AI handles up to 50% of work at his company.
Goldman Sachs, one of the world's top investment banks, says this more powerful form of AI has the potential to boost employee productivity three to four times that of previous AI tools, according to Argenti.
Argenti also mentioned thatDevin will be supervised by human employees., and handle tasks that engineers typically find tedious, such as updating internal code to new versions of programming languages.
According to Cognition.Goldman Sachs is first bank to use DevinIn March, the startup's valuation doubled to nearly $4 billion. In March, the startup's valuation doubled to nearly $4 billion (note: the current exchange rate is about 28.718 billion yuan).