Ryan Marshall, CFA®, CEPA®, Vice President and Financial Advisor at Wealth Enhancement, was featured by MarketWatch in the article, “Before you ask AI to invest your life savings, you need to understand its hidden biases”
Another limitation of AI involves confirmation bias. It can produce answers that confirm your existing beliefs. “AI is known to give you answers you want,” said Ryan Marshall, a New York City-based chartered financial analyst. “A lot of times, it tends to agree with you.”
Access the full article here: https://www.marketwatch.com/story/can-ai-replace-your-financial-adviser-why-bots-still-cant-match-human-judgment-ddb5903a?mod=search_headline