'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

Nick Eatock: Is this the end of the annual review as we know it?

Nick Eatock: Is this the end of the annual review as we know it?

Value comes from continuity of service

Nick Eatock
clock 25 September 2026 • 3 min read
Advice firms slow new tech adoption

Advice firms slow new tech adoption

Deliberate strategic decision

Jenna Brown
clock 24 September 2026 • 2 min read
'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read