Re:Goldman Sachs Is Pulling Claude Code from Its Bankers and...
by gizajob on Sunday November 08, 2026 @06:52PM
(#50419060)
You’re overlooking the red queen race. That there’s “no edge” in using the same tools as everyone else is the wrong way round - the edge is lost if you stop using it.
A few years ago someone built a fibre optic cable between New York and Chicago to save 3ms on trades. Naturally every trader had to pay to use it, at great expense. One company couldn’t decline to use it “because everyone else was using it so there’s no edge”.
Goldman have said they’re not using Claude, because their claude use will be leaking their secrets and IP. They will absolutely buy the hardware to reimplement their own version of Claude.
Im not convinced it's creating any economic value at all.
Like 10% of people use it reasonably/responsibly and the other 90% basically become turbo lazy. I think I'd rather my employees be working "slow" but actually working hard and not just functioning as meat proxies for mediocre bots and reducing my workforce to some median competency.
There's no edge in using the same tools that everyone else is using, especially in markets/finance.
Let your competition all melt their brains, maybe only give employees you know are actual super contributors, (and not just mentally offshoring their work) unlimited access to llms.