Goldman Sachs

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A Goldman Sachs is an American multinational investment bank and financial services company.



References

2023

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2023

  • Goldman Sachs. (2023). “Generative AI: Hype, or truly transformative?". March 2023.
    • NOTES: xamines the potential impact of generative AI on the global economy and society.

       Generative AI is a type of AI that can create new content, such as text, code, images, and music. It is still in its early stages of development, but it has the potential to revolutionize many industries and aspects of our lives.

      The report finds that generative AI could raise global GDP by 7% over a 10-year period. This would be due to a number of factors, including:

      • Increased productivity: Generative AI can automate tasks that are currently performed by humans, freeing them up to focus on more creative and strategic work.
      • New products and services: Generative AI can be used to create new products and services that were not possible before.
      • Improved decision-making: Generative AI can help businesses to make better decisions by analyzing large amounts of data and identifying insights that would be difficult or impossible to spot manually.