Faculty News

Professor Roy Smith weighs in on Goldman Sachs' use of technology

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Excerpt from Quartz -- "Roy Smith, an ex-Goldman Sachs partner and a professor at NYU’s Stern School of Business, says Goldman, which declined to comment for this article, has plenty of incentive to put technology to work. 'Under the [financial] burden of regulation, firms have to evolve into things that use big technology more than they did in the past,' he says, adding that Goldman CEO Lloyd Blankfein 'is also saying [the firm] may get into some businesses that can be operated technologically, without many human beings involved.'"

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