Nobody Licensed AI to Give Financial Advice
From the article
Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers to a regulator if something goes wrong. General-purpose artificial intelligence (AI) models carry none of those obligations. They are not authorized to give financial advice. PYMNTS Intelligence found that 62% […] The post Nobody Licensed AI to Give Financial Advice appeared first on PYMNTS.com .
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