Marco Argenti

Partner & Chief Information Officer, Goldman Sachs

Search every verified Marco Argenti interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Marco Argenti, chief information officer at Goldman Sachs, discussed the bank's evolving use of artificial intelligence on the Odd Lots podcast. He stated that the "buy versus build equation has changed quite a bit" due to AI, noting that employees have begun independently creating functional applications. Argenti said that "the cost, at least for simple applications, has gone down quite dramatically." He also described changes in the software development lifecycle, suggesting that developers who do not adapt to AI and agents performing tasks like deployments and monitoring may face disruption. Argenti confirmed that Goldman Sachs has terminated contracts with third-party software providers after replacing their services with internally developed AI tools, stating, "We have terminated contracts already. Yes, absolutely." He also discussed the challenge of "token anxiety," where users limit their use of AI due to cost concerns, and argued that central teams should handle optimization to allow employees to focus on creative work.