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Goldman Sachs is testing viral AI agent Devin as a ‘new employee’

  • Goldman Sachs is testing Cognition's AI coding agent Devin as a 'new employee' in order to augment their workforce with potentially hundreds or thousands of instances of Devin.
  • Despite the financial industry's reputation for being slow, Goldman Sachs is known to be cutting edge and has been using developer copilots internally since at least 2024.
  • Devin, now on version 2.1, performs best on large codebases according to Cognition, although it initially struggled with more complex coding work.
  • Goldman Sachs emphasizes a 'hybrid' workforce approach where humans will supervise instances of Devin with the aim of improving productivity, without replacing human developers.

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