AI and ChatGPT are red hot topics, with questions surrounding their effect on many industries, including finance. Mary Beth and Neela explore the current state of AI, how it is revolutionizing the business world and bringing automation and efficiency to financial planning. They weigh the pros and cons of these tools and touch upon the visible impact of AI – particularly in the education industry, where ChatGPT is already a valuable resource for students and educators alike. They highlight the significance of AI in content creation and the challenges it poses in the changing landscape of essay creation and research. Finally, they shed light on how AI's automation of human processes can inadvertently perpetuate the same biases and mistakes it was meant to address, highlighting the need for conscious efforts to involve more diverse perspectives in the creation and use of AI. Tune in today!
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