'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

Altruist 'here for' advisers CEO says with UK wealth market in recovery

Altruist 'here for' advisers CEO says with UK wealth market in recovery

Sell off this week labelled ‘bonkers’

Isabel Baxter
clock 12 February 2026 • 5 min read
The AI advantage in fund selection: Four ways it can support advisers

The AI advantage in fund selection: Four ways it can support advisers

AI agents and the future of fund selection

Patrick Jones
clock 11 February 2026 • 5 min read
FCA urged to provide clearer AI guidance amid review

FCA urged to provide clearer AI guidance amid review

Review to consider impact by 2030 and beyond

Jen Frost
clock 09 February 2026 • 6 min read