Thoughts On Money [TOM]

AI BS


Listen Later

This week's blogpost - https://bahnsen.co/3I6jBxC

Navigating AI in Financial Advice: Trust, Verification, and Pitfalls

In this episode of the 'Thoughts and Money Podcast,' hosts Trevor Cummings and Blaine Carver discuss the role of AI in financial advice, highlighting both its benefits and potential risks. They share humorous anecdotes about AI mistakes, such as a false story about Lionel Messi and Travis Kelsey, and emphasize the importance of critical thinking when using AI-generated information. The conversation evolves into a broader discussion on what constitutes good advice, stressing that quality advice should come from credible sources with accountability, educational background, and understandable explanations. They conclude by advocating for the use of AI as a supplementary tool, not a primary decision-maker.

00:00 Welcome to the Thoughts and Money Podcast

00:09 Marriage, Money, and Pop Culture

00:47 The AI Error: Messi and Kelsey Engagement

02:38 The Role of AI in Financial Advice

03:42 Trusting AI: Personal Experiences

08:32 The Disneyland Email Scam

11:56 The Importance of Critical Thinking

18:36 What Good Advice Looks Like

28:28 Conclusion and Listener Engagement

Links mentioned in this episode:

  • http://thoughtsonmoney.com
  • http://thebahnsengroup.com
  • ...more
    View all episodesView all episodes
    Download on the App Store

    Thoughts On Money [TOM]By Trevor Cummings

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    35 ratings


    More shows like Thoughts On Money [TOM]

    View all
    The Briefing with Albert Mohler by R. Albert Mohler, Jr.

    The Briefing with Albert Mohler

    8,700 Listeners

    Breakpoint by Colson Center

    Breakpoint

    3,093 Listeners

    3 Martini Lunch – Political Humor & Commentary by Jim Geraghty & Greg Corombos – Political Humor Commentary

    3 Martini Lunch – Political Humor & Commentary

    1,534 Listeners

    The Commentary Magazine Podcast by Commentary Magazine

    The Commentary Magazine Podcast

    5,181 Listeners

    The Editors by National Review

    The Editors

    4,908 Listeners

    The World and Everything In It by WORLD Radio

    The World and Everything In It

    7,161 Listeners

    The Dividend Cafe by The Bahnsen Group

    The Dividend Cafe

    590 Listeners

    National Review's Radio Free California Podcast by National Review

    National Review's Radio Free California Podcast

    698 Listeners

    Uncommon Knowledge by Hoover Institution

    Uncommon Knowledge

    2,035 Listeners

    The McCarthy Report by National Review

    The McCarthy Report

    2,842 Listeners

    Life and Books and Everything by Clearly Reformed

    Life and Books and Everything

    642 Listeners

    Capital Record by National Review

    Capital Record

    455 Listeners

    Morning Wire by The Daily Wire

    Morning Wire

    26,673 Listeners