Could developments in generative AI herald the beginning of the era of bionic advice: a hybrid of human judgement backed by an all-knowing and intelligent assistant adviser? Ihab El-Saie explores the issues
The revolution in generative AI has triggered a frenzy of speculation about the future of regulated financial advice. The accessibility of the GPT engine through the freely available ChatGPT has had the powerful effect of convincing any remaining sceptics that change is upon us. Could this herald the beginning of the era of bionic advice: a hybrid of human judgement backed by an all-knowing and intelligent assistant adviser? This will take advice to new heights, with real-time intelligent, engaging and personalised reporting without adding to the cost. Robo advice: The story so far ...
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