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Ferguson explained some of the reasons why youshouldnt rely upon an AI financial planner in the long run.
When it comes to financial planning, every persons situation is different and unique.
A human can tell what another human really cares about.
How do you double-check that your client is comfortably sleeping at night based on the decisions that they made?
How do you verify that your client really truly feels confident stepping into retirement?
Ferguson feels those kinds of questions may be out of the realm of AIs capabilities.
Im held to a fiduciary standard and Im legally required to put my clients best interest first.
With AI, what oversight do they have?What legal standardare they held to?
If you dont know where its algorithms draw their information, you cant guarantee the advice.
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