Goldman Sachs executive says new hires may manage AI agents from day one

Goldman Sachs executive Kevin Sneader says new employees could begin their jobs by managing AI agents, as artificial intelligence takes on routine administrative work. TechRadar reported Sneader’s views, which he shared via Bloomberg.

In the past, junior employees in banking often handled administrative tasks before moving into management roles. Sneader believes AI agents could now perform some of that routine work, changing what entry-level employees do. Rather than starting with those tasks, new hires may oversee the AI systems carrying them out.

“When our young folks now start work, they’re managing agents,” Sneader said. “They have to make the most of this virtual army that they’ve now got.”

The shift could also affect middle managers, who have traditionally overseen junior staff. “We don’t quite know what’s going to happen to that group,” Sneader added.

The account describes a possible change to banking’s traditional career ladder, rather than a prediction that graduates will have no jobs. If companies need fewer entry-level employees because AI handles some routine work, they may also need fewer middle managers and senior leaders. The effects on those roles remain uncertain.