Goldman Sachs doesn’t have to hire a $180,000 software engineer—meet Devin, its new AI-powered worker

• Goldman Sachs just hired Devin, an AI-powered software engineer that’s capable of coding just as well as humans—minus six-figure salaries. The company also has plans to potentially unleash it by the thousands and expand workers’ productivity with AI tools by over four times. While the firm’s tech leader sees a future that’s a “hybrid workforce” between humans and AI, leaders like Ford CEO Jim Farley warn of a decrease in white-collar work.

The newest hire at Goldman Sachs...