Friend or foe: What can artificial intelligence do for advisers?

'In financial advice the possibilities are exciting'

clock • 4 min read

Paul Yates looks at the world of artificial intelligence in respect of financial advice and says there are exciting opportunities ahead...

When Hollywood makes films about artificial intelligence (AI), think Skynet in Terminator or HAL in 2001 A Space Odyssey, it usually involves the destruction of humanity. Now AI is making headlines beyond the arts pages, does it signal the end of mankind as we know it? Or is it just another extension of the ongoing technology revolution - automating simpler tasks, reserving human intelligence for where it can have the biggest impacts? Maybe that's why the Financial Conduct Authority (FCA) announced in July its intention to regulate critical third parties, including AI services, for th...

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