The real test of AI? Who gains access to advice

The debate about AI in financial advice has become strangely predictable. Will it replace advisers? Can it be trusted? What happens when it gets something wrong? These are important questions. But they risk distracting from a far more interesting question: as AI changes the economics of delivering it, who gets access to professional advice? The problem with traditional advice The advice gap is usually framed as an access problem. Millions of people could benefit from financial advice but do not receive it. However, another problem lies beneath it: the economics of delivering advice ...