Today, as financial technology continues to evolve, Goldman Sachs has announced the introduction of "Devin," an AI coding assistant developed by Cognition, as its new "employee." Marco Argenti, Goldman Sachs' Chief Information Officer, stated in an interview with CNBC that Devin will be used to enhance the company's development team and is expected to launch hundreds of Devin instances, with the potential to increase to thousands in the future. This move marks another breakthrough for Goldman Sachs in technological innovation.
Although the financial industry is often seen as traditional and conservative, Goldman Sachs has consistently been at the forefront of technological applications. Since 2024, the bank has started using development assistants internally, demonstrating its ability to accept and apply new technologies. Since its release last year, Devin has attracted widespread attention on social media. Although some researchers have pointed out that Devin performs poorly in handling complex coding tasks, as of May this year, Devin has been updated to version 2.1. Cognition stated that it performs best when dealing with large codebases, as this provides it with sufficient context.
Image source note: The image was generated by AI, and the image licensing service provider is Midjourney.
Argenti emphasized that Devin will not replace human developers, but rather aims to improve overall productivity by establishing a "hybrid" work team. He believes that Devin will work under human supervision, effectively assisting human developers, reducing workloads, and improving efficiency. As technology continues to advance, the introduction of Devin could potentially change the way development is done in the financial industry, providing Goldman Sachs with a new advantage in the competitive market.
This news has undoubtedly sparked widespread attention in the industry. As an example of artificial intelligence application in the financial sector, Devin not only demonstrates Goldman Sachs' innovative spirit but also provides a reference for the digital transformation of other financial institutions. In the future, whether the financial industry can achieve greater leaps through intelligent technology remains to be seen.
