Are you buying into the AI revolution? Or are you just crazy?
Financial Planning
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“AI will probably lead us to the end of the world.”?
When the head of perhaps the most famous AI company in the world drops a line like that, folks take note.?
In fact, last week’s digital roundtable on AI in wealth management kicked off with a nod to Sam Altman’s mic-drop quotation. Yet the gathered experts see incredible potential when it comes to artificial intelligence and the many ways they see it transforming the industry — from freeing up staff time to helping advisors brainstorm.?
As Andrew Altfest, CEO of FP Alpha put it, “If you're a business leader and you're looking at the next five years and you're not thinking about AI or how it's going to transform your business … you're crazy.”?
In other words, it is the end of the world as we know it — but these experts feel just fine about it.
Justin Mack covered the panel discussion in-depth for Financial Planning. Read more here: Wealthtech experts say advisors who don't embrace AI now are 'crazy.'
“I was in the advisor world for two decades. I am really
upset this technology wasn't there for me two decades ago,
because it would have saved a ton of time.” — Anand Sheth
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What a fantastic article! Thanks for sharing this with us.
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
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