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.