As Goldman Embraces Automation, Even the Masters of the Universe Are Threatened

Goldman Sachs used to have 600 traders based in NYC. Now they have only two, plus 200 computer engineers. Today Goldman employs around 9,000 computer engineers, accounting for about a third of their workforce.

It’s a relatively common story these days. The nature of human work is changing.

https://www.technologyreview.com/s/603431/as-goldman-embraces-automation-even-the-masters-of-the-universe-are-threatened/

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