The environmental AI impact advisers shouldn't ignore

'When it comes to AI and its impact on the environment, honesty is the best policy'

clock • 4 min read

Carly Shute explores the environmental impact of AI and urges advisers not to ignore the implications of its use...

Conversations around artificial intelligence and financial advice often centre on productivity gains; will the technology reduce the cost to serve customers? How much time can advisers save by using it? The environmental cost of implementing AI, however, is often overlooked. AI is a well-known polluter. Its sudden global popularity has resulted in the proliferation of data centres and the increased manufacturing of the chips required to power AI. Both are heavy energy users and rely on critical minerals to build, which are often mined unsustainably. With that said, there is good news adv...

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