Healthcare — one of the largest sectors of the U.S. economy — is among the many industries with significant opportunities for the use of artificial intelligence (AI) and machine learning (ML), says Salveen Richter, lead analyst for the U.S. biotechnology sector at Goldman Sachs Research.
The impact of advances in generative artificial intelligence on society could be comparable to the printing press, according to our Chief Information Officer Marco Argenti.
Breakthroughs in generative artificial intelligence have the potential to bring about sweeping changes to the global economy, according to Goldman Sachs Research. As tools using advances in natural language processing work their way into businesses and society, they could drive a 7% (or almost $7 trillion) increase in global GDP and lift productivity growth by 1.5 percentage points over a 10-year period.
"We figured out how to make humans scale," Emad Mostaque, founder and CEO of Stability AI, told an audience at Goldman Sachs 2023 Disruptive Technology Symposium in London.
As new artificial intelligence technologies, such as ChatGPT, capture the public’s imagination, are we at a tipping point in technological advancement — or is this the next bubble? In this episode of Exchanges at Goldman Sachs, Goldman Sachs Research’s Eric Sheridan, head of Internet coverage, and Kash Rangan, head of software coverage, discuss the technologies and investment implications, as well as the challenges and opportunities in the space.
Timo Boldt, Founder and CEO of Gousto, discusses the evolution of the recipe-kit space in the UK, how he’s using artificial intelligence to build an industry-leading customer proposition, and his focus on reducing emissions in the food industry.
Robots are making their first tentative steps from the factory floor into our homes and workplaces. In a recent report, Goldman Sachs Research estimates a $6 billion market (or more) in people-sized-and-shaped robots is achievable in the next 10 to 15 years. Such a market would be able to fill 4% of the projected US manufacturing labor shortage by 2030 and 2% of global elderly care demand by 2035.
During the Goldman Sachs Systematic Investing Conference, former Alphabet chair Eric Schmidt discusses the future of AI – from the impact of voice on the healthcare industry to advisory applications in finance. He also emphasizes the cloud as a cybersecurity safeguard and gives his advice for aspiring leaders. Watch Video
During the Goldman Sachs Systematic Investing Conference, Ken Griffin, founder and chief executive officer of global investment firm Citadel, discusses why balancing the influx of new technology with the “power of the human mind” is critical for better decision-making in the financial markets and beyond. Watch Video
Deborah DiSanzo, general manager of IBM Watson Health, discusses how technology is disrupting the healthcare industry and potentially reshaping the doctor-patient relationship.