The intricate chess of financial planning: Why ChatGPT falls short | Big Money episode 12
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The Federal’s K Giriprakash closely examines the role of Artificial Intelligence, particularly ChatGPT, in financial planning. Despite AI’s groundbreaking advancements, using ChatGPT for personalised financial advice suffers from inherent limitations. Concerns around contextual understanding, the accuracy of the information, emotional intelligence, security, privacy, and ethical considerations assert that human financial planners remain irreplaceable.
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