Dave Nadig on AI: “We Should Be in That Critical Learning Phase”
Related company: VettaFi (https://vettafi.com/)
Dave Nadig, financial futurist of VettaFi, discussed the current state of AI, stating that we are in a hype cycle but also a reality-check cycle. While advisors are interested in advanced AI, they remain skeptical about big hype cycles. The challenge now is predicting how advanced AI will impact the investment management business. While AI won’t replace financial advisors, it will have big economic impacts. AI tools can monitor clients’ portfolios and provide valuable insights. AI will also have impacts in surprising places like logistics and retailing, improving supply chain management.
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