Goldman Sachs
Goldman Sachs: "Industry is countering by redistributing value [via] open source distilled models and the focus on roadmaps weighted to proprietary SLMs..."
Solomon admits it takes “an enormous amount of work to bring people along”
"A lot of the Alpha today depends on time: If you ask me to price a complex product and if I can price it 10X faster..."
Goldman Sachs CIO says "there’s a great opportunity for capital to move towards the application layer, the toolset layer. I think we will see that shift happening..."
Commercial real estate losses show scale of "remote work" damage on CRE area.
“We don’t have 200-person governance teams running around building PowerPoint; we have engineers actually understanding the data lineage…”