A Goldman Sachs executive responsible for one of the bank's flagship AI projects warned this week that the full spread of artificial intelligence on Wall Street may erode the ability of a new generation of financial talents to think independently. “There is a huge hidden danger in this: in the AI era, if we completely outsource our thinking and reasoning to these models, it will eventually cause 'cognitive shrinking', causing us to lose our ability to independently analyze problems based on primary principles,” said Chris Churchman, head of the Goldman Sachs institutional customer digital platform Marquee.

A Goldman Sachs executive responsible for one of the bank's flagship AI projects warned this week that the full spread of artificial intelligence on Wall Street may erode the ability of a new generation of financial talents to think independently. “There is a huge hidden danger in this: in the AI era, if we completely outsource our thinking and reasoning to these models, it will eventually cause 'cognitive shrinking', causing us to lose our ability to independently analyze problems based on primary principles,” said Chris Churchman, head of the Goldman Sachs institutional customer digital platform Marquee.