'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

Fidelity Adviser Solutions extends ZeroKey integration to Intelliflo users

Fidelity Adviser Solutions extends ZeroKey integration to Intelliflo users

Designed to reach more advisers

Sophia Panayi
clock 06 October 2026 • 2 min read
Adviser work-life balance worsens as hours increase

Adviser work-life balance worsens as hours increase

Almost a third work more than 40 hours a week

Isabel Baxter
clock 02 October 2026 • 2 min read
When compliance becomes abundant

When compliance becomes abundant

If you create the record, bank the benefit

Matt Lynch
clock 30 September 2026 • 6 min read