Cooking the Books with Frances Cook

Would you trust AI with your investing portfolio?

10.22.2023 - By BusinessDesk and NZ HeraldPlay

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Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s the reliability (or not) of AI and your money. Hosted by Frances Cook.

• Check out Frances Cook’s new money course, Money Made Simple, at francescook.co.nz, for a masterclass on everything from setting goals, creating a spending plan that works, mastering debt, beginning to invest, and understanding your KiwiSaver.

Everyone is abuzz about AI, and of course, that means people are hunting for ways to use it to make money.

Some obvious benefits spring to mind – pulling information quickly, and cheaply, to help guide your decisions.

But there are obvious drawbacks, too.

AI has a reputation for pulling some sometimes, rather funky information. Depending on what system you’re using, ask the wrong question, and the computer will just plain old make something up.

So what does the money world make of AI developments, and can we use it in a way that helps us, not hinders?

For the latest podcast I talked to Charlie Meaden, co-founder of Gembot.ai

If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it.

Here is a link to the audience survey: https://www.surveymonkey.com/r/DRF9TBG

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