Everything Goldman Sachs Taught Me About AI (In 10 minutes)
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So, I'm going to give you everything So, I'm going to give you everything that I learned after working at Goldman that I learned after working at Goldman that I learned after working at Goldman Sachs, one of the biggest financial Sachs, one of the biggest financial Sachs, one of the biggest financial firms on the planet. These are firms on the planet. These are firms on the planet. These are principles I still follow to this day in principles I still follow to this day in principles I still follow to this day in everything that I do with AI. A company everything that I do with AI. A company everything that I do with AI. A company like this doesn't have the luxury of like this doesn't have the luxury of like this doesn't have the luxury of making mistakes, and one wrong data making mistakes, and one wrong data making mistakes, and one wrong data entry or hallucination can cost them entry or hallucination can cost them entry or hallucination can cost them millions of dollars, or even worse, millions of dollars, or even worse, millions of dollars, or even worse, their reputation. So, if one of the their reputation. So, if one of the their reputation. So, if one of the biggest and most trusted financial firms biggest and most trusted financial firms biggest and most trusted financial firms on the planet follows these principles, on the planet follows these principles, on the planet follows these principles, it's because they work. And even if it's because they work. And even if it's because they work. And even if you're not working at a big firm, these you're not working at a big firm, these you're not working at a big firm, these principles will completely change how principles will completely change how principles will completely change how you use AI and the results that you get you use AI and the results that you get you use AI and the results that you get out of AI. So today I'm going to share out of AI. So today I'm going to share out of AI. So today I'm going to share the five AI principles I learned from the five AI principles I learned from the five AI principles I learned from Goldman Sachs which I call vault and Goldman Sachs which I call vault and Goldman Sachs which I call vault and show you how to apply them to your AI show you how to apply them to your AI show you how to apply them to your AI projects. So let's get into it. Okay, so projects. So let's get into it. Okay, so projects. So let's get into it. Okay, so V is to verify the output. And just a V is to verify the output. And just a V is to verify the output. And just a reminder, this is the framework I reminder, this is the framework I reminder, this is the framework I created from the principles I learned created from the principles I learned created from the principles I learned while working there. And these while working there. And these while working there. And these principles apply whether you're using principles apply whether you're using principles apply whether you're using claude code, codecs, or whatever new claude code, codecs, or whatever new claude code, codecs, or whatever new tool comes out next month. So Verify, I tool comes out next month. So Verify, I tool comes out next month. So Verify, I think a lot of us, myself included, can think a lot of us, myself included, can think a lot of us, myself included, can get a little too comfortable with AI get a little too comfortable with AI get a little too comfortable with AI because it gives you something that because it gives you something that because it gives you something that looks finished and it will deliver it to looks finished and it will deliver it to looks finished and it will deliver it to you super confidently. It's formatted you super confidently. It's formatted you super confidently. It's formatted perfectly and it probably took about 30 perfectly and it probably took about 30 perfectly and it probably took about 30 seconds. But something that looks seconds. But something that looks seconds. But something that looks finished and something that's actually finished and something that's actually finished and something that's actually correct are obviously two very different correct are obviously two very different correct are obviously two very different things. So Marco Agenti, Goldman's CIO, things. So Marco Agenti, Goldman's CIO, things. So Marco Agenti, Goldman's CIO, has made this distinction between the has made this distinction between the has made this distinction between the reasoning of a model and its final reasoning of a model and its final reasoning of a model and its final output. Basically, the way a model output. Basically, the way a model output. Basically, the way a model breaks down and analyzes a problem can breaks down and analyzes a problem can breaks down and analyzes a problem can still be useful even when the final still be useful even when the final still be useful even when the final answer it gives you is wrong. So you can answer it gives you is wrong. So you can answer it gives you is wrong. So you can use the breakdown to get value from it, use the breakdown to get value from it, use the breakdown to get value from it, but you still need to verify the result.
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but you still need to verify the result. but you still need to verify the result. And this actually starts before the AI And this actually starts before the AI And this actually starts before the AI even generates an answer. So my role at even generates an answer. So my role at even generates an answer. So my role at Goldman was in business intelligence. Goldman was in business intelligence. Goldman was in business intelligence. And every business intelligence analyst And every business intelligence analyst And every business intelligence analyst in my role had to pass something called in my role had to pass something called in my role had to pass something called data school. We had to understand how data school. We had to understand how data school. We had to understand how data gets pulled in, how it gets data gets pulled in, how it gets data gets pulled in, how it gets cleaned, how it gets updated, and how cleaned, how it gets updated, and how cleaned, how it gets updated, and how you turn all of that into something that you turn all of that into something that you turn all of that into something that people can actually use to make a people can actually use to make a people can actually use to make a decision because every report, every decision because every report, every decision because every report, every dashboard, every automation, and now dashboard, every automation, and now dashboard, every automation, and now every AI system is only as good as the every AI system is only as good as the every AI system is only as good as the data that's actually powering it. And data that's actually powering it. And data that's actually powering it. And your company's data is probably one of your company's data is probably one of your company's data is probably one of the biggest advantages that it has the biggest advantages that it has the biggest advantages that it has because nobody else has that exact because nobody else has that exact because nobody else has that exact information. They don't have your information. They don't have your information. They don't have your customers, your sales history, your customers, your sales history, your customers, your sales history, your internal processes, your support internal processes, your support internal processes, your support tickets, all of that kind of stuff. It's tickets, all of that kind of stuff. It's tickets, all of that kind of stuff. It's gold. But if that data is outdated or gold. But if that data is outdated or gold. But if that data is outdated or duplicated or messy or just wrong, then duplicated or messy or just wrong, then duplicated or messy or just wrong, then plugging it into AI doesn't magically plugging it into AI doesn't magically plugging it into AI doesn't magically fix it. It just gives you the wrong fix it. It just gives you the wrong fix it. It just gives you the wrong answer faster. So when I use AI tools, I answer faster. So when I use AI tools, I answer faster. So when I use AI tools, I like to build verification directly into like to build verification directly into like to build verification directly into the processes. You could give the model the processes. You could give the model the processes. You could give the model a prompt like, "Hey, you know, before a prompt like, "Hey, you know, before a prompt like, "Hey, you know, before you give me the final answer, recheck you give me the final answer, recheck you give me the final answer, recheck every number and factual claim. Cite the every number and factual claim. Cite the every number and factual claim. Cite the source for each one and flag anything source for each one and flag anything source for each one and flag anything that you're not fully 100% confident that you're not fully 100% confident that you're not fully 100% confident about." And you don't have to manually about." And you don't have to manually about." And you don't have to manually verify every single word that it gives verify every single word that it gives verify every single word that it gives you. If you're creating a report, maybe you. If you're creating a report, maybe you. If you're creating a report, maybe there are only two or three numbers that there are only two or three numbers that there are only two or three numbers that could actually change the decision. So could actually change the decision. So could actually change the decision. So have the model site those numbers and have the model site those numbers and have the model site those numbers and then you can spot check them yourself.
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then you can spot check them yourself. then you can spot check them yourself. And obviously for higher stakes projects And obviously for higher stakes projects And obviously for higher stakes projects you can even build a separate AI you can even build a separate AI you can even build a separate AI reviewer or multiple you know like a reviewer or multiple you know like a reviewer or multiple you know like a team of AI agents that are just there to team of AI agents that are just there to team of AI agents that are just there to review. They'll check the first output review. They'll check the first output review. They'll check the first output before you see anything and then the before you see anything and then the before you see anything and then the whole system can iterate once again whole system can iterate once again whole system can iterate once again before you see anything. And that's an before you see anything. And that's an before you see anything. And that's an additional check. But important claims additional check. But important claims additional check. But important claims still need original sources, still need original sources, still need original sources, deterministic tests or human review. So deterministic tests or human review. So deterministic tests or human review. So verify the data going in, verify the verify the data going in, verify the verify the data going in, verify the important outputs coming out and build important outputs coming out and build important outputs coming out and build review into [music] the process. But review into [music] the process. But review into [music] the process. But once you can trust the inputs and the once you can trust the inputs and the once you can trust the inputs and the outputs, you still have to decide outputs, you still have to decide outputs, you still have to decide whether AI should be in the workflow at whether AI should be in the workflow at whether AI should be in the workflow at all. So moving on to a augment, which all. So moving on to a augment, which all. So moving on to a augment, which means augment don't replace. Now my means augment don't replace. Now my means augment don't replace. Now my full-time job at Goldman was basically full-time job at Goldman was basically full-time job at Goldman was basically building automations, reports, building automations, reports, building automations, reports, dashboards, and systems that made teams dashboards, and systems that made teams dashboards, and systems that made teams more efficient. [music] And across the more efficient. [music] And across the more efficient. [music] And across the teams I worked with, there were people teams I worked with, there were people teams I worked with, there were people doing some version of that work. None of doing some version of that work. None of doing some version of that work. None of this was some brand new AI initiative. this was some brand new AI initiative. this was some brand new AI initiative. You know, Goldman had been building You know, Goldman had been building You know, Goldman had been building automated data and risk systems for automated data and risk systems for automated data and risk systems for decades. and teams across the firm were decades. and teams across the firm were decades. and teams across the firm were doing this kind of work before the doing this kind of work before the doing this kind of work before the current wave of AI agents hit the current wave of AI agents hit the current wave of AI agents hit the market. Which means there were already a market. Which means there were already a market. Which means there were already a crazy amount of problems worth solving crazy amount of problems worth solving crazy amount of problems worth solving before anyone started talking about AI before anyone started talking about AI before anyone started talking about AI agents. There were manual reports being agents. There were manual reports being agents. There were manual reports being built that took hours. You know, data built that took hours. You know, data built that took hours. You know, data had to be moved between systems. Teams had to be moved between systems. Teams had to be moved between systems. Teams were waiting on information from other were waiting on information from other were waiting on information from other people. People would enter something people. People would enter something people. People would enter something incorrectly with a fat finger or skip a incorrectly with a fat finger or skip a incorrectly with a fat finger or skip a step or or two people would follow the step or or two people would follow the step or or two people would follow the same process in two slightly different same process in two slightly different same process in two slightly different ways. [music] Because at the end of the ways. [music] Because at the end of the ways. [music] Because at the end of the day, humans are inconsistent. We get day, humans are inconsistent. We get day, humans are inconsistent. We get tired. We miss steps. communication tired. We miss steps. communication tired. We miss steps. communication breaks down and everybody makes breaks down and everybody makes breaks down and everybody makes mistakes. But a properly tested mistakes. But a properly tested mistakes. But a properly tested deterministic automation will run the deterministic automation will run the deterministic automation will run the same process the exact same way every same process the exact same way every same process the exact same way every single time. Now, that doesn't mean an single time. Now, that doesn't mean an single time. Now, that doesn't mean an automation is automatically correct automation is automatically correct automation is automatically correct because obviously if you build the logic because obviously if you build the logic because obviously if you build the logic wrong, it's going to repeat that same
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wrong, it's going to repeat that same wrong, it's going to repeat that same mistake perfectly every single time. But mistake perfectly every single time. But mistake perfectly every single time. But because it's deterministic, meaning because it's deterministic, meaning because it's deterministic, meaning predictable, it's much easier to test, predictable, it's much easier to test, predictable, it's much easier to test, to audit, and to fix. So, if a task to audit, and to fix. So, if a task to audit, and to fix. So, if a task follows a clear set of rules, you follows a clear set of rules, you follows a clear set of rules, you probably don't need an AI agent. Use AI probably don't need an AI agent. Use AI probably don't need an AI agent. Use AI when you need judgment, interpretation, when you need judgment, interpretation, when you need judgment, interpretation, flexibility, or the ability to work flexibility, or the ability to work flexibility, or the ability to work through messy information. But use through messy information. But use through messy information. But use normal automation when the steps and normal automation when the steps and normal automation when the steps and correct answer are already known. And correct answer are already known. And correct answer are already known. And this is really important because in this this is really important because in this this is really important because in this hype wave of AI, everyone thinks, "Oh, hype wave of AI, everyone thinks, "Oh, hype wave of AI, everyone thinks, "Oh, we have this problem. Let's use AI to we have this problem. Let's use AI to we have this problem. Let's use AI to solve it." But if you can come in here solve it." But if you can come in here solve it." But if you can come in here and say, "You know what? Actually, if we and say, "You know what? Actually, if we and say, "You know what? Actually, if we didn't use AI, this would actually be didn't use AI, this would actually be didn't use AI, this would actually be cheaper, faster, and probably better." cheaper, faster, and probably better." cheaper, faster, and probably better." That perspective is really valuable as That perspective is really valuable as That perspective is really valuable as well. And honestly, a lot of the best well. And honestly, a lot of the best well. And honestly, a lot of the best systems will combine both. Let's say systems will combine both. Let's say systems will combine both. Let's say you're creating a weekly business you're creating a weekly business you're creating a weekly business report. A normal automation can pull the report. A normal automation can pull the report. A normal automation can pull the numbers from your database, clean them numbers from your database, clean them numbers from your database, clean them up, run the calculations, and verify up, run the calculations, and verify up, run the calculations, and verify that nothing is wrong. And then you can that nothing is wrong. And then you can that nothing is wrong. And then you can have an AI model look at those verified have an AI model look at those verified have an AI model look at those verified numbers and explain what changed [music] numbers and explain what changed [music] numbers and explain what changed [music] in plain English. The deterministic in plain English. The deterministic in plain English. The deterministic system handles the facts and AI helps system handles the facts and AI helps system handles the facts and AI helps you tell a story from it. That's what you tell a story from it. That's what you tell a story from it. That's what augmenting an existing process looks augmenting an existing process looks augmenting an existing process looks like. You take something that already like. You take something that already like. You take something that already works, break it into steps, and then you works, break it into steps, and then you works, break it into steps, and then you improve the specific steps where AI can improve the specific steps where AI can improve the specific steps where AI can actually help. Once again, don't use AI actually help. Once again, don't use AI actually help. Once again, don't use AI to solve a problem that a simple to solve a problem that a simple to solve a problem that a simple automation can already solve. And automation can already solve. And automation can already solve. And choosing the right approach gets a lot choosing the right approach gets a lot choosing the right approach gets a lot easier when you understand why you're easier when you understand why you're easier when you understand why you're building the system in the first place.
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building the system in the first place. building the system in the first place. Which brings us on to the U of Vault, Which brings us on to the U of Vault, Which brings us on to the U of Vault, which is to understand the why. One of which is to understand the why. One of which is to understand the why. One of Goldman's engineering principles is Goldman's engineering principles is Goldman's engineering principles is called build with purpose. Marco Agenti called build with purpose. Marco Agenti called build with purpose. Marco Agenti explains it by saying that engineers explains it by saying that engineers explains it by saying that engineers can't focus only on the how. They need can't focus only on the how. They need can't focus only on the how. They need to prioritize the why. And I see people to prioritize the why. And I see people to prioritize the why. And I see people do the exact opposite with AI all the do the exact opposite with AI all the do the exact opposite with AI all the time. They open up an AI tool thinking, time. They open up an AI tool thinking, time. They open up an AI tool thinking, I want to build an agent, or I want to I want to build an agent, or I want to I want to build an agent, or I want to make a workflow, or I want to use this make a workflow, or I want to use this make a workflow, or I want to use this new tool that everyone's talking about, new tool that everyone's talking about, new tool that everyone's talking about, but what's the problem you're actually but what's the problem you're actually but what's the problem you're actually solving? You can build a really solving? You can build a really solving? You can build a really impressive workflow that nobody needs. impressive workflow that nobody needs. impressive workflow that nobody needs. You can spend an entire week getting an You can spend an entire week getting an You can spend an entire week getting an agent to work perfectly, and if it agent to work perfectly, and if it agent to work perfectly, and if it doesn't save time, make money, reduce doesn't save time, make money, reduce doesn't save time, make money, reduce mistakes, or improve some actual mistakes, or improve some actual mistakes, or improve some actual outcome, then what's the point? So start outcome, then what's the point? So start outcome, then what's the point? So start with the problem and then choose the with the problem and then choose the with the problem and then choose the tool. Before you open an AI tool, just tool. Before you open an AI tool, just tool. Before you open an AI tool, just write one sentence. The problem I'm write one sentence. The problem I'm write one sentence. The problem I'm trying to solve is blank. And a good trying to solve is blank. And a good trying to solve is blank. And a good result would look like blank. And if you result would look like blank. And if you result would look like blank. And if you can't write that sentence, then you're can't write that sentence, then you're can't write that sentence, then you're probably not ready to start prompting an probably not ready to start prompting an probably not ready to start prompting an AI model yet. Because if you don't know AI model yet. Because if you don't know AI model yet. Because if you don't know what you want, then how is the model what you want, then how is the model what you want, then how is the model supposed to know that either? And if supposed to know that either? And if supposed to know that either? And if you're still figuring it out, that's you're still figuring it out, that's you're still figuring it out, that's fine. You can use AI as a brainstorming fine. You can use AI as a brainstorming fine. You can use AI as a brainstorming thought partner. You know, give it the thought partner. You know, give it the thought partner. You know, give it the context, explain the bottleneck, and ask context, explain the bottleneck, and ask context, explain the bottleneck, and ask it to help you find the simplest way to it to help you find the simplest way to it to help you find the simplest way to solve it. This is especially important solve it. This is especially important solve it. This is especially important if you're trying to make money with AI. if you're trying to make money with AI. if you're trying to make money with AI. Inside my communities, I've seen people Inside my communities, I've seen people Inside my communities, I've seen people build every workflow imaginable and build every workflow imaginable and build every workflow imaginable and still struggle to get clients because still struggle to get clients because still struggle to get clients because they started with the tech. I've also they started with the tech. I've also they started with the tech. I've also watched completely new members focus on watched completely new members focus on watched completely new members focus on one painful problem, build one useful one painful problem, build one useful one painful problem, build one useful system, and replace their job income system, and replace their job income system, and replace their job income within months. The difference was the within months. The difference was the within months. The difference was the problem that they chose to solve. And problem that they chose to solve. And problem that they chose to solve. And speaking of the community, if you guys speaking of the community, if you guys speaking of the community, if you guys want to learn how to use AI tools and want to learn how to use AI tools and want to learn how to use AI tools and get free resources that help you move get free resources that help you move get free resources that help you move faster, then you can join my community faster, then you can join my community faster, then you can join my community for completely free. I've put courses in for completely free. I've put courses in for completely free. I've put courses in there and I've also put everything that there and I've also put everything that there and I've also put everything that I'm talking about in today's video with I'm talking about in today's video with I'm talking about in today's video with the vault framework, a full resource the vault framework, a full resource the vault framework, a full resource guide around that in my community.
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guide around that in my community. guide around that in my community. There's also stuff in there about how to There's also stuff in there about how to There's also stuff in there about how to start a business using AI. So, if you start a business using AI. So, if you start a business using AI. So, if you want to join, the link for that is down want to join, the link for that is down want to join, the link for that is down in the description. We're almost at half in the description. We're almost at half in the description. We're almost at half a million members in there, which is a million members in there, which is a million members in there, which is just awesome. So, I'd love to see you just awesome. So, I'd love to see you just awesome. So, I'd love to see you guys in there. Let's get back to the guys in there. Let's get back to the guys in there. Let's get back to the video. Okay, so now we're moving on to video. Okay, so now we're moving on to video. Okay, so now we're moving on to the L, which is loop humans in. Think the L, which is loop humans in. Think the L, which is loop humans in. Think about AI kind of like a megaphone. about AI kind of like a megaphone. about AI kind of like a megaphone. Whatever you give it can be amplified Whatever you give it can be amplified Whatever you give it can be amplified across an entire workflow, including across an entire workflow, including across an entire workflow, including mistakes. A slightly unclear instruction mistakes. A slightly unclear instruction mistakes. A slightly unclear instruction might give you one slightly wrong answer might give you one slightly wrong answer might give you one slightly wrong answer inside a chat, but once you connect that inside a chat, but once you connect that inside a chat, but once you connect that same instruction to an autonomous agent, same instruction to an autonomous agent, same instruction to an autonomous agent, it could send the wrong email. It could it could send the wrong email. It could it could send the wrong email. It could update the wrong record. It could update the wrong record. It could update the wrong record. It could publish something publicly or message an publish something publicly or message an publish something publicly or message an entire client list before you even see entire client list before you even see entire client list before you even see it. We actually had an autonomous AI it. We actually had an autonomous AI it. We actually had an autonomous AI agent that looked at a task list, agent that looked at a task list, agent that looked at a task list, proactively took one off the list, proactively took one off the list, proactively took one off the list, interpreted that wrong, and ended up interpreted that wrong, and ended up interpreted that wrong, and ended up sending a discount code to almost sending a discount code to almost sending a discount code to almost 200,000 people on our email list. 200,000 people on our email list. 200,000 people on our email list. Obviously, big mistake. Marco Agenti has Obviously, big mistake. Marco Agenti has Obviously, big mistake. Marco Agenti has warned about this exact problem. A small warned about this exact problem. A small warned about this exact problem. A small miscommunication can get amplified by an miscommunication can get amplified by an miscommunication can get amplified by an AI system. And when agents take action, AI system. And when agents take action, AI system. And when agents take action, hallucinations can lead to incorrect or hallucinations can lead to incorrect or hallucinations can lead to incorrect or even dangerous actions. I'm sure we've even dangerous actions. I'm sure we've even dangerous actions. I'm sure we've all heard those horror stories of agents all heard those horror stories of agents all heard those horror stories of agents deleting massive databases at massive deleting massive databases at massive deleting massive databases at massive companies. But anyways, Argenti's companies. But anyways, Argenti's companies. But anyways, Argenti's conclusion is pretty simple. Until these conclusion is pretty simple. Until these conclusion is pretty simple. Until these tools are consistently reliable, humans tools are consistently reliable, humans tools are consistently reliable, humans have to stay in the loop. That doesn't have to stay in the loop. That doesn't have to stay in the loop. That doesn't mean a person needs to approve every mean a person needs to approve every mean a person needs to approve every single tiny little action, your level of single tiny little action, your level of single tiny little action, your level of oversight should basically match the oversight should basically match the oversight should basically match the consequence of the action. If an AI tool consequence of the action. If an AI tool consequence of the action. If an AI tool is organizing your personal notes, let is organizing your personal notes, let is organizing your personal notes, let it run. If it's preparing something for it run. If it's preparing something for it run. If it's preparing something for a client, you know, changing important a client, you know, changing important a client, you know, changing important data or spending money or communicating data or spending money or communicating data or spending money or communicating with a large group of people, then add with a large group of people, then add with a large group of people, then add an approval step, please. One of the an approval step, please. One of the an approval step, please. One of the easiest ways to do this is to set your easiest ways to do this is to set your easiest ways to do this is to set your automations to draft, not to send. Have automations to draft, not to send. Have automations to draft, not to send. Have the AI write emails into your Gmail the AI write emails into your Gmail the AI write emails into your Gmail drafts. Have it put proposed replies drafts. Have it put proposed replies drafts. Have it put proposed replies into a document. Whether you're using into a document. Whether you're using into a document. Whether you're using cloud code, codecs, or whatever else, cloud code, codecs, or whatever else, cloud code, codecs, or whatever else, have it show you the plan before it have it show you the plan before it have it show you the plan before it changes any important files, deploys changes any important files, deploys changes any important files, deploys anything, or takes an action that you
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anything, or takes an action that you anything, or takes an action that you can't easily undo. You still obviously can't easily undo. You still obviously can't easily undo. You still obviously are getting most the speed, but one are getting most the speed, but one are getting most the speed, but one weird output doesn't immediately turn weird output doesn't immediately turn weird output doesn't immediately turn into a much bigger problem. The more into a much bigger problem. The more into a much bigger problem. The more people an action can affect, the more people an action can affect, the more people an action can affect, the more important the human checkpoints become. important the human checkpoints become. important the human checkpoints become. A guiding rule that we talk about inside A guiding rule that we talk about inside A guiding rule that we talk about inside my team is if the agent could my team is if the agent could my team is if the agent could potentially do something, then you have potentially do something, then you have potentially do something, then you have to assume that it will because 999 times to assume that it will because 999 times to assume that it will because 999 times it might do what you want, but that one it might do what you want, but that one it might do what you want, but that one time it could be bad. And the thing is time it could be bad. And the thing is time it could be bad. And the thing is that human can't properly approve the that human can't properly approve the that human can't properly approve the work if the system doesn't show them how work if the system doesn't show them how work if the system doesn't show them how it reached the result. Which brings us it reached the result. Which brings us it reached the result. Which brings us on to the T which is for transparency. on to the T which is for transparency. on to the T which is for transparency. At a company like Goldman, if you build At a company like Goldman, if you build At a company like Goldman, if you build something that touches important data, something that touches important data, something that touches important data, reporting or risk, then you need to be reporting or risk, then you need to be reporting or risk, then you need to be able to explain where the information able to explain where the information able to explain where the information came from, what happened to it and how came from, what happened to it and how came from, what happened to it and how the final result was actually produced. the final result was actually produced. the final result was actually produced. [music] They have regulators, clients, [music] They have regulators, clients, [music] They have regulators, clients, managers, and other teams that may need managers, and other teams that may need managers, and other teams that may need to review those decisions. You can't to review those decisions. You can't to review those decisions. You can't defend something that you don't defend something that you don't defend something that you don't understand. And you should build your understand. And you should build your understand. And you should build your own AI systems the same way. If an agent own AI systems the same way. If an agent own AI systems the same way. If an agent works, but nobody understands how it works, but nobody understands how it works, but nobody understands how it works, then it's going to be a nightmare works, then it's going to be a nightmare works, then it's going to be a nightmare when something breaks, when the data when something breaks, when the data when something breaks, when the data changes, or when somebody else needs to changes, or when somebody else needs to changes, or when somebody else needs to take over that project, because you take over that project, because you take over that project, because you might not know what to fix or which step might not know what to fix or which step might not know what to fix or which step failed, and you probably won't be able failed, and you probably won't be able failed, and you probably won't be able to repeat the results consistently. So, to repeat the results consistently. So, to repeat the results consistently. So, ask the AI to document what it's doing ask the AI to document what it's doing ask the AI to document what it's doing as it builds. Every single execution of as it builds. Every single execution of as it builds. Every single execution of these systems needs to be logged these systems needs to be logged these systems needs to be logged somewhere, listing its data sources, somewhere, listing its data sources, somewhere, listing its data sources, assumptions, tools, validation checks, assumptions, tools, validation checks, assumptions, tools, validation checks, and any important decisions. If it and any important decisions. If it and any important decisions. If it produces a report, ask it to show which produces a report, ask it to show which produces a report, ask it to show which source supports each conclusion. If it source supports each conclusion. If it source supports each conclusion. If it creates an automation, have it explain creates an automation, have it explain creates an automation, have it explain what triggers the workflow, what happens what triggers the workflow, what happens what triggers the workflow, what happens at each step, and where a human needs to at each step, and where a human needs to at each step, and where a human needs to approve something. And transparency approve something. And transparency approve something. And transparency doesn't mean asking a model to reveal doesn't mean asking a model to reveal doesn't mean asking a model to reveal some hidden internal thought process.
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some hidden internal thought process. some hidden internal thought process. What you need is evidence that you can What you need is evidence that you can What you need is evidence that you can actually inspect the sources, the actually inspect the sources, the actually inspect the sources, the inputs, the actions, the assumptions, inputs, the actions, the assumptions, inputs, the actions, the assumptions, and the checks that it ran. That makes and the checks that it ran. That makes and the checks that it ran. That makes the system easier to trust, easier to the system easier to trust, easier to the system easier to trust, easier to improve, and so much easier to hand off improve, and so much easier to hand off improve, and so much easier to hand off to another person. Okay, so those are to another person. Okay, so those are to another person. Okay, so those are the five principles inside Vault. Verify the five principles inside Vault. Verify the five principles inside Vault. Verify the output, augment the systems that the output, augment the systems that the output, augment the systems that already work, understand the why, loop already work, understand the why, loop already work, understand the why, loop humans in, and keep the entire process humans in, and keep the entire process humans in, and keep the entire process transparent. And I think the biggest transparent. And I think the biggest transparent. And I think the biggest lesson that I took from Goldman is that lesson that I took from Goldman is that lesson that I took from Goldman is that you don't need to make everything an AI you don't need to make everything an AI you don't need to make everything an AI agent. You need to understand the agent. You need to understand the agent. You need to understand the problem, protect the data, use the problem, protect the data, use the problem, protect the data, use the simplest system that works, and keep simplest system that works, and keep simplest system that works, and keep control over the actions that actually control over the actions that actually control over the actions that actually matter. That's how you build AI systems matter. That's how you build AI systems matter. That's how you build AI systems that you can trust. And if you want to that you can trust. And if you want to that you can trust. And if you want to turn these principles into actual turn these principles into actual turn these principles into actual projects, my free community has courses projects, my free community has courses projects, my free community has courses and resources that can help you get and resources that can help you get and resources that can help you get started. There's a full path to building started. There's a full path to building started. There's a full path to building an AI portfolio in 7 days, learning AI an AI portfolio in 7 days, learning AI an AI portfolio in 7 days, learning AI tools, and creating your first agents tools, and creating your first agents tools, and creating your first agents and systems. And if you want more direct and systems. And if you want more direct and systems. And if you want more direct help and a path to getting your first help and a path to getting your first help and a path to getting your first client and spinning up your own client and spinning up your own client and spinning up your own oneperson AI agency, then you can check oneperson AI agency, then you can check oneperson AI agency, then you can check out my road map in the link in the out my road map in the link in the out my road map in the link in the description. But anyways, that is going description. But anyways, that is going description. But anyways, that is going to do it for this one. So, if you guys to do it for this one. So, if you guys to do it for this one. So, if you guys enjoyed the video or you learned enjoyed the video or you learned enjoyed the video or you learned something new, please give it a like. It something new, please give it a like. It something new, please give it a like. It definitely helps me out a ton. And as definitely helps me out a ton. And as definitely helps me out a ton. And as always, I appreciate you guys making it always, I appreciate you guys making it always, I appreciate you guys making it to the end of the video. I'll see you in to the end of the video. I'll see you in to the end of the video. I'll see you in the next one.
Summary
The main theme is applying rigorous, data-driven principles from Goldman Sachs to AI usage, emphasizing the "Vault" framework. Key subjects include the need to verify AI output, the distinction between model reasoning and final answers, and understanding data pipelines. The practical takeaway is that even for non-financial roles, these principles will significantly improve AI results by mitigating costly errors and hallucinations.