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Goldman Sachs executive cautions Wall Street against AI-driven 'cognitive atrophy'

Chris Churchman, who runs Goldman Sachs' Marquee platform, said on the firm's Exchanges podcast that heavy reliance on AI models could erode bankers' ability to reason independently. He compared the risk to how GPS and digital tools already weakened people's navigation and memory skills, warning that delegating analysis to algorithms could similarly dull financial judgment.