Argenti: AI removes knowledge barriers like printing press removed physical ones
Marco Argenti · Marco Argenti (Goldman Sachs): Turning Developers into Clients · Apr 30, 2024 · at 19:11
Marco Argenti, CIO of Goldman Sachs, compares generative AI to historical media and technological shifts.
0:00 / 0:10exact quote · 10.3s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Compare the invention of AI to the invention of the printing press in a way that it removed a major barrier. First one was a physical barrier. This one is a knowledge barrier.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Marco Argenti
Argenti: Regulatory controls ultimately accelerate long-term innovation velocity
“Regulation and other controls are actually very important for sustained speed of innovation. So you might be slow at the beginning, but then eventually you'll gain velocity.”
Goldman Sachs sees 10% to 40% AI developer productivity gains
“And we're seeing the developer productivity go up, you know, can be anywhere from 10 to 40%, depending on the developer, depending on the use case, which is massive, even if it stays at 10%.”
Argenti: Enterprise AI will combine proprietary reasoning with specialized internal models
“And I think the same is going to be with AI, where you're going to have a reliance on, You know, large proprietary models, mostly for the reasoning capabilities, almost like, you know, I really want to understand what you're asking. And then kind of they will …”
Argenti: All corporate leaders must understand developer mindsets
“And I think also today, given the importance of developers I think it's also a responsibility of a leader, not only a technologist to try to really understand what developers are thinking and what they want.”
Argenti: Pitching client technologists is as critical as pitching executives
“Like for example, some of the hedge funds or some of the quant funds, as you know, I mean, you know, it really, really well that, you know, we're talking to the technologist is just as important as talking to the business people.”