Goldman Sachs revokes AI coding tool access for traders and bankers, keeping it only for engineers
Goldman Sachs has barred most employees from using advanced AI coding tools such as Claude Code and GitHub, with only engineers allowed to continue using them, based on internal guidance from October. Traders and bankers had used these tools for several months to monitor trading flows and generate content, and the tightening is reported to have caused internal dissatisfaction. Goldman Sachs spokesperson Nick Carcaterra said the reasons include various factors such as productivity and risk management, that the trial phase has ended, and that the tools will be reserved only for those best suited to long-term use.
Why read this
AI score 55
Goldman Sachs tightens AI coding tool permissions for non-technical employees, contrasting with its stance months earlier when it encouraged traders and bankers to try them, highlighting the risk-efficiency trade-off in enterprise adoption.
Topics
Body
Goldman Sachs has cut off most of its employees from advanced AI coding tools like Anthropic's Claude Code and Microsoft's GitHub. Only engineers can still use them, according to Bloomberg , citing internal guidelines from October. Traders and bankers had spent months using the tools to monitor trading flows and create content. The rollback is reportedly causing frustration inside the firm.
Back in July, Goldman CIO Marco Argenti praised "vibe coding" by non-technical staff in an interview. A trader or someone in asset management would have an idea, build a quick prototype with AI, and then hand it off to an engineer to scale for production. That's no longer the plan, it seems.
Why the U-turn? Bloomberg's report cites only a "variety of factors including productivity and risk management," according to Goldman spokesperson Nick Carcaterra. He added that the experimentation phase is over, and the firm is now limiting the tools to the people "who are best suited to leverage them for the long term."