What changed
Goldman Sachs has cut off most employees from using advanced AI coding tools such as Anthropic's Claude Code and Microsoft's GitHub. According to Bloomberg, internal guidelines from October now restrict access to engineers only. Traders and bankers had previously used these tools for tasks like monitoring trading flows and creating content.
What this means in practice
The change affects traders and bankers who had been using AI coding tools to quickly prototype ideas and generate content. These users are now unable to access the tools, which were previously used to streamline workflows and support rapid development. The firm's CIO, Marco Argenti, had previously praised the use of AI for 'vibe coding' by non-technical staff, but this appears to no longer be the case.
Limitations and availability
The rollback is reportedly causing frustration within the firm. Goldman spokesperson Nick Carcaterra cited 'a variety of factors including productivity and risk management' as reasons for the change. The firm states that the experimentation phase is over and that the tools are now being reserved for those 'best suited to leverage them for the long term.' The exact criteria for who qualifies as 'best suited' were not specified in the report.
