Goldman Sachs and Devin: The End of Human Programmers?
Imagine a world where your coworker isn’t human, but artificial intelligence! Goldman Sachs, one of the biggest investment banks in the world, is introducing Devin – an AI software engineer who will work alongside humans, and maybe even replace many of them.
Who is Devin? Devin is no ordinary software. It’s an autonomous AI engineer developed by the startup Cognition Labs, valued close to $4 billion! This AI can independently write code, update internal programs, and perform tasks that humans often find boring. Devin has already gained fame in tech circles as the world’s first AI software engineer.
Goldman Sachs and Devin: A Partnership for the Future The banking giant is the first major player to bring Devin into its team of 12 human programmers. Marko Arđenti, Goldman Sachs’ technical director, says there will initially be hundreds of Devins, and the number could grow to several thousand! Imagine that – thousands of AI engineers working for one bank.
What Does This Mean for Human Programmers? What once sounded like science fiction is now reality. AI already generates about 30% of code in some projects, and at Salesforce, AI takes over 50% of all jobs. Goldman Sachs expects worker productivity to increase three to four times thanks to Devin. But does this mean humans will lose their jobs? The fear of mass layoffs is not unfounded – a Bloomberg Intelligence study predicts banks could lay off up to 300,000 employees in the next three to five years due to AI automation.
Devin Under Human Supervision – For Now Although Devin works autonomously, it is still under human supervision. Its role is to take over boring tasks while humans formulate problems and oversee AI’s work. But as AI gets smarter, the question is how long human oversight will remain necessary.
Investors and the Future Cognition Labs boasts powerful investors like Peter Thiel and Palantir’s co-founders. The startup doubled its value in just one year, showing how sought-after and promising AI software engineers are. Goldman Sachs, while not owning a stake in Cognition, clearly believes in a future where AI and humans work together – or where AI takes over the job.
What’s Next? Is this the beginning of the end for human programmers? Or just the start of a new era of human-machine collaboration? One thing is certain – the world of work is changing faster than ever. If you’re a programmer, it’s time to ask yourself: will you be the supervising boss of AI or unemployed?
A Fun Note to End: If Devin can write code better than you, maybe it’s time to invite him for coffee – or steal his job before he steals yours!
What do you think? Are AI software engineers like Devin a revolution or a disaster? Drop a comment, let’s see who’s for and who’s against – and whether you’re ready to work with robots or against them!
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