Morgan Stanley’s Tech Boss Says AI Coding Has ‘Profound’ Impact

Morgan Stanley’s use of artificial intelligence has already changed how coders do their jobs and is having “a pretty profound impact” on software development, according to Mike Pizzi, the firm’s global head of technology and operations.

As AI writes more code, engineers are freed up to spend more time on complex tasks such as code reviews, Pizzi said in an interview.

Finance industry executives have raced to capitalize on the technology, but so far many of the use cases have skewed toward the mundane: summarizing documents and drafting emails. Now, though, technology companies are launching AI tools aimed ...