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Can AI Give Financial Advice? | The Wealth Guide Podcast Ep. 09
In this episode of The Wealth Guide Podcast, the team at Ryker Capital shares their thoughts on the capabilities and limitations of AI tools like ChatGPT for providing personalised financial advice.
They discuss why Australia ranks last in understanding AI's societal benefits, how AI can increase productivity and contribute to mental health and well-being in the workplace, and why due diligence remains crucial despite AI's role as a helpful starting point.
The team also talks about the potential for bias in AI, the delicate balance between innovation and privacy, and why a financial plan is more crucial than ever in the age of artificial intelligence.
If you're curious about how AI disrupts various industries, tune in to hear more insights on its opportunities and risks!
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SHOW NOTES LINKS
https://rykercapital.com.au/
https://au.linkedin.com/company/ryker-capital
https://www.instagram.com/rykercapital/
https://www.tiktok.com/ryker
https://www.facebook.com/profile.php?id=100054854616452
https://www.linkedin.com/in/ray-regmi-3a267539/
https://www.linkedin.com/in/rajiv-ricky-regmi-cpa-943694213/
https://www.linkedin.com/in/dean-desoukey-a6651093/
----
LISTEN TO THE PODCAST
Spotify: https://spoti.fi/3qJL8w4
Apple Podcast: https://apple.co/3QPF3ch
Amazon Music: https://amzn.to/3YMZjgD
Google Podcast: https://bit.ly/3swIVEF
-----
FIND US HERE
Facebook: https://bit.ly/3RsO5Mr
LinkedIn: https://bit.ly/3Rs0Qah
Instagram: https://bit.ly/46kZvGp
TikTok: https://bit.ly/3PSbK7U
YouTube: https://bit.ly/3rsKxPG
-----
TIME STAMPS
00:00 - Intro
01:23 - The Definition of AI
01:47 - Ryker Capital's Thoughts Around Chat GPT
03:13 - The Power of AI in Society
06:39 - Weighing Up The Pros & Cons of Using AI in The Financial Services Space
13:28 - Do the Pros of AI Outweigh the Cons?
17:12 - The Ethical Aspects of AI
23:40 AI Business Tips & Hints to Avoid Getting Left Behind
27:15 - The Impact of Chat GPT Revolution
31:45 - Outro
-----
DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
View all episodes
By Ray RegmiIn this episode of The Wealth Guide Podcast, the team at Ryker Capital shares their thoughts on the capabilities and limitations of AI tools like ChatGPT for providing personalised financial advice.
They discuss why Australia ranks last in understanding AI's societal benefits, how AI can increase productivity and contribute to mental health and well-being in the workplace, and why due diligence remains crucial despite AI's role as a helpful starting point.
The team also talks about the potential for bias in AI, the delicate balance between innovation and privacy, and why a financial plan is more crucial than ever in the age of artificial intelligence.
If you're curious about how AI disrupts various industries, tune in to hear more insights on its opportunities and risks!
---
SHOW NOTES LINKS
https://rykercapital.com.au/
https://au.linkedin.com/company/ryker-capital
https://www.instagram.com/rykercapital/
https://www.tiktok.com/ryker
https://www.facebook.com/profile.php?id=100054854616452
https://www.linkedin.com/in/ray-regmi-3a267539/
https://www.linkedin.com/in/rajiv-ricky-regmi-cpa-943694213/
https://www.linkedin.com/in/dean-desoukey-a6651093/
----
LISTEN TO THE PODCAST
Spotify: https://spoti.fi/3qJL8w4
Apple Podcast: https://apple.co/3QPF3ch
Amazon Music: https://amzn.to/3YMZjgD
Google Podcast: https://bit.ly/3swIVEF
-----
FIND US HERE
Facebook: https://bit.ly/3RsO5Mr
LinkedIn: https://bit.ly/3Rs0Qah
Instagram: https://bit.ly/46kZvGp
TikTok: https://bit.ly/3PSbK7U
YouTube: https://bit.ly/3rsKxPG
-----
TIME STAMPS
00:00 - Intro
01:23 - The Definition of AI
01:47 - Ryker Capital's Thoughts Around Chat GPT
03:13 - The Power of AI in Society
06:39 - Weighing Up The Pros & Cons of Using AI in The Financial Services Space
13:28 - Do the Pros of AI Outweigh the Cons?
17:12 - The Ethical Aspects of AI
23:40 AI Business Tips & Hints to Avoid Getting Left Behind
27:15 - The Impact of Chat GPT Revolution
31:45 - Outro
-----
DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.