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

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Manage episode 397668863 series 3496133
Content provided by Matt McCoy CFP®, CRPC®, AWMA® and Matt McCoy CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt McCoy CFP®, CRPC®, AWMA® and Matt McCoy CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.)
LFS-6281134-012224

FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!
LinkedIn
Facebook
For more information about Principles of Financial Planning, including disclosures, CLICK HERE.

  continue reading

10 episodes

Artwork
iconShare
 
Manage episode 397668863 series 3496133
Content provided by Matt McCoy CFP®, CRPC®, AWMA® and Matt McCoy CFP®. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt McCoy CFP®, CRPC®, AWMA® and Matt McCoy CFP® or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.)
LFS-6281134-012224

FOLLOW PRINCIPLES OF FINANCIAL PLANNING ON SOCIAL!
LinkedIn
Facebook
For more information about Principles of Financial Planning, including disclosures, CLICK HERE.

  continue reading

10 episodes

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