AI: Should You Trust Financial Decisions to Something That Can't be Held Accountable?

13/12/2023 15 min Episodio 9
AI: Should You Trust Financial Decisions to Something That Can't be Held Accountable?

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Episode Synopsis

Welcome to a continuing discussion about AI!We addressed AI in a previous podcast and how it relates to robo-advisors; in this episode, we're looking at the story of the Air Force drone simulation that could have potentially killed its operator*. This scenario leads us to this question: Should we entrust decisions to something that we know is not perfect and cannot be held accountable? That's what we're unpacking today.(*This story has been reported as false by some media outlets. CLICK HERE to read the story I refer to in the podcast.)Securities and financial planning offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Principles of Financial Planning and LPL Financial are separate entities. FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!LinkedInFacebookFor more information about Principles of Financial Planning, including disclosures, CLICK HERE. Securities and financial planning offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC. Principles of Financial Planning and LPL Financial are separate entities.