This is a news story, published by MSN, that relates primarily to AI news.
For more banking & finance news, you can click here:
more banking & finance newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
AI investments. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest investment advisors news, Investment Advisers news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
AI spendingMarketWatch
•
85% Informative
The financial services industry has the opportunity to use new technology that could revolutionize financial advice: generative AI .
Generative AI tools promise to handle everything from financial planning to retirement savings, becoming smarter over time by integrating personal data, user preferences, and extensive economic insights.
As the industry considers adopting AI -generated financial advice, it must carefully weigh the implications.
The SEC has proposed similar rules for AI -based advice models and users.
Implementing robust AI and data governance, ensuring human oversight, and adhering to regulatory compliance can help mitigate the risks of AI-driven advice.
By blending algorithmic prowess with human insight and oversight, we can unlock the potential of financial advice.
VR Score
90
Informative language
92
Neutral language
43
Article tone
semi-formal
Language
English
Language complexity
75
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
2
Source diversity
1
Affiliate links
no affiliate links