Global investment firm Goldman Sachs is ready to start replacing its employees with AI. The company announced that it’s rolled out a “GS AI assistant” to around 10,000 employees as part of its longer-term effort to introduce AI-powered “employees,” as CNBC reports. Goldman chief information officer Marco Argenti told the broadcaster that the AI assistant will be tasked with summarizing and proofreading emails, as well as translating code between programming languages, for the time being. “Think about all the tasks that you might want to complete with regards to a variety of use cases for all those professions that can be now at your fingertips,” Argenti told CNBC. The initiative is symptomatic of a larger trend, with banks including JPMorgan and Morgan Stanley doubling down on the use of AI tools. They frequently frame the experiments as efforts to make their employees’ lives easier. But it doesn’t take much reading between the lines that leaders are hopeful they’ll eventually be able to replace human staffers with AI, especially if Meta CEO Mark Zuckerberg’s recent pronouncements are anything to go by. Argenti predicts that in a matter of three to five years, AI models could start to erode the lines between humans and AI. “The AI assistant becomes really like talking to another GS employee,” Argenti told CNBC. How useful the tool will actually prove remains to be seen. AI models have been repeatedly shown to “hallucinate” facts, a glaring problem that engineers are still struggling to eliminate. AI-based tools have also into…Goldman Sachs Starts Process of Replacing Bankers With AI