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  1. The promise of generative AI technology to transform companies, industries, and societies is leading tech giants and beyond to spend an estimated ~$1tn on capex in coming years, including significant investments in data centers, chips, other AI infrastructure, and the power grid.

  2. Apr 5, 2023 · “Generative AI can streamline business workflows, automate routine tasks and give rise to a new generation of business applications,” Kash Rangan, senior U.S. software analyst in Goldman Sachs Research, writes in the team’s report.

  3. The Goldman Sachs Group, Inc. Since the release of OpenAI’s generative AI tool ChatGPT in November, investor interest in generative AI technology has surged.

  4. Mar 27, 2023 · In our assessment, the generative AI technologies currently in focus, such as ChatGPT, DALL-E, and LaMDA, are distinguished by three main characteristics: 1) their generalized rather than specialized use cases, 2) their ability to generate novel, human-like output rather than merely describe or interpret existing information, and 3) their approa...

  5. Mar 28, 2023 · Artificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says. It could replace a quarter of work tasks in the US and...

  6. Mar 27, 2023 · The latest breakthroughs in artificial intelligence could lead to the automation of a quarter of the work done in the US and eurozone, according to research by Goldman Sachs.

  7. Mar 28, 2023 · Artificial intelligence could automate up to a quarter of work in the U.S., a Goldman Sachs report says. Here's the most affected sectors and countries.