AI isn't a job killer for bankers, Goldman Sachs CEO David Solomon says.

Why it matters: As concerns mount about the role of junior bankers in an AI-powered Wall Street of the future, Solomon tells Axios he is optimistic about the technology.

What they're saying: "There is no question that when you put these tools in the hands of smart people, it increases their productivity," Solomon said in an exclusive interview ahead of this week's 10,000 Small Businesses Summit in Washington. "You're going to see changes in the way analysts, associates and investment bankers work." • "But if you're looking at it and assuming an organization like Goldman Sachs…is just going to have less people, I don't think it works that way," he says.

State of play: In a memo to employees, executives recently ro

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