---
id: "entity-org-goldman-sachs"
type: "entity"
entityType: "organization"
canonicalName: "Goldman Sachs"
aliases: []
source_timestamps: ["¶5"]
tags: ["financial-institution", "research"]
related: ["concept-ai-automation-strategy"]
sources: ["spine"]
sourceVaultSlug: "hbr-seg-spine"
originDay: 1
articleStem: "hbr-ext-19-augmentation-over-automation"
sourceUrl: "https://hbr.org/2026/04/why-companies-that-choose-ai-augmentation-over-automation-may-win-in-the-long-run"
sourceTitle: "Why Companies That Choose AI Augmentation Over Automation May Win in the Long Run"
---
# Goldman Sachs

A global investment bank and financial-services firm. Cited in the article for a projection by its bankers that **total headcount across their investment-banking clients would drop by around 11% on average over the next three years (2026–2029)** due to AI adoption — a data point illustrating the prevailing pull toward the [[concept-ai-automation-strategy|AI Automation Strategy]].