U.S. regulators are weighing whether to require financial companies to register ‘AI’ robo-advisors as money managers.
The use of Artificial Intelligence seems to be branching out into nearly every corner of our lives.
Now, robo-advisors are acting as money managers and want to help you invest your money.
Is this a way to work smarter, not harder—or a real danger to humanity?
U.S. regulators are weighing whether to require financial companies to register ‘AI’ robo-advisors as money managers.
JPMorgan recently disclosed that it has been working on software similar to the AI-powered ChatGPT that would help make investment choices for clients.
While the industry has been exploring how to lure consumers through new technological advancements—how far is too far?
That’s a question, the U.S. Securities and Exchange Commission (SEC) is asking. The SEC Chair Gary Gensler has tasked his staff with issuing recommendations of how to handle conflicts of interest in using predictive data tools.
Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins us to discuss. #sec #ai #artificialintelligence #GaryGensler #veronicadudo #OzSultan #JPMorgan
