{"id":38936,"date":"2025-11-19T10:32:18","date_gmt":"2025-11-19T10:32:18","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/cohere-ceo-says-ai-will-disrupt-white-collar-jobs-and-finance-could-be-next\/"},"modified":"2025-11-19T10:32:18","modified_gmt":"2025-11-19T10:32:18","slug":"cohere-ceo-says-ai-will-disrupt-white-collar-jobs-and-finance-could-be-next","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/cohere-ceo-says-ai-will-disrupt-white-collar-jobs-and-finance-could-be-next\/","title":{"rendered":"Cohere CEO says AI will disrupt white collar jobs &mdash; and finance could be next"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/691ccb6789026fbb4d0de31c?format=jpeg\" alt=\"Aidan Gomez talks during an event\"\/><figcaption>Cohere CEO Aidan Gomez<\/p>\n<p>Ramsey Cardy\/Sportsfile for Collision via Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Cohere CEO Aidan Gomez said enterprise AI hasn&#039;t really even scratched the surface.<\/li>\n<li>&quot;We&#039;re still doing the super foundational,&quot; Gomez said.<\/li>\n<li>He said that once models improve, greater disruption will follow.<\/li>\n<\/ul>\n<p>AI has already disrupted coding. Finance could be next, according to Cohere CEO Aidan Gomez.<\/p>\n<p>&quot;Finance will come,&quot; Gomez told Kleiner Perkins partner Joubin Mirzadegan on a recent episode of the firm&#039;s &quot;Grit&quot; podcast.<\/p>\n<p>Cohere, a Toronto-based AI startup focused on enterprise applications, is already doing some work in the financial sector through partnerships with RBC and TD Bank. Both partnerships are built on Cohere&#039;s LLM models. After it closed its latest round of funding in September, Cohere was valued at roughly $7 billion.<\/p>\n<p>Gomez, who co-authored the famous 2017 paper &quot;Attention Is All You Need&quot; while he was an intern at Google Brain, said that AI&#039;s power lies in its ability to augment white-collar work, a view widely shared throughout Silicon Valley and the AI industry. Anthropic CEO Dario Amodei has said that he&#039;s worried that AI could wipe out up to half of entry-level, white-collar jobs in the next one to five years.<\/p>\n<p>&quot;You have to pay them a lot because there&#039;s not a lot of these people for the world,&quot; Gomez said. &quot;And so there&#039;s tons of demand for these people, but there&#039;s not enough of those people to do the work the world needs. And it turns out that these models are best at the types of things those people do.&quot;<\/p>\n<p>AI&#039;s effects are already being felt in software engineering, where powerful tools like Cursor, along with frontier models like Claude and ChatGPT, allow users to &quot;vibe code&quot; software without any specialized coding knowledge. Other industries, including finance, legal, and publishing, are still in varying degrees of the early days of AI disruption.<\/p>\n<p>&quot;It&#039;s still so early for the enterprise,&quot; Gomez said. &quot;We&#039;re still doing the super foundational, super \u2014 Summarize this email for me. Summarize these meeting notes for me. It&#039;s so basic, low-level. I just think there&#039;s so much to be done.&quot;<\/p>\n<p>Mirzadegan said the next step of AI is the ability to &quot;augment people.&quot;<\/p>\n<p>&quot;I mean, isn&#039;t that the whole point of this? We&#039;re eating a different part of the market where it&#039;s not seats and licenses,&quot; he said. &quot;It&#039;s being able to actually augment people, actually do the jobs of people in many ways, and that&#039;s so much more transformative.&quot;<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cohere CEO Aidan Gomez Ramsey Cardy\/Sportsfile for Collision via Getty Images Cohere CEO Aidan Gomez said enterprise AI hasn&#039;t really even scratched the surface. &quot;We&#039;re still doing the super foundational,&quot; Gomez said. He said that once models improve, greater disruption will follow. AI has already disrupted coding. Finance could be next, according to Cohere CEO [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38937,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-38936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/38936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=38936"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/38936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/38937"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=38936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=38936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=38936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}