'Huge amount' of AI hyperbole among industry

‘Everyone is talking about AI, but no one really knows everything yet’

Isabel Baxter
clock • 1 min read

There is a ‘huge’ amount of hyperbole in the industry around artificial intelligence (AI), delegates heard.

Speaking at the Personal Finance Society's Purely Paraplanning conference yesterday (8 May), AI data automation platform Saturn co-founder Rohit Vaish noted that the hyperbole around AI in the industry is both a good and a bad thing. "There is a huge amount of hyperbole around AI in a good way and a bad way," he said. "From people saying it will take over to the positives of it making our lives easier." Instead of the wording being that AI will take over the jobs of paraplanners, people should look at the positives and how it may create more jobs in the future, according to Vaish. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Half of advisers use technology for Consumer Duty compliance

Half of advisers use technology for Consumer Duty compliance

Advisers not aware of digital tools that can help

Sophia Panayi
clock 04 September 2026 • 2 min read
The human advantage: Why better AI raises the value of good advice

The human advantage: Why better AI raises the value of good advice

Raising the standard of understanding

Elly Dowding and Lee Coates
clock 04 September 2026 • 4 min read
Marloo adds Morningstar research and data to AI platform

Marloo adds Morningstar research and data to AI platform

Available to UK adviser users

Sophia Panayi
clock 02 September 2026 • 1 min read