Are generative AI tools in personal finance game-changers or risky bets?
"AI models still grapple with accuracy and reliability, creating concerns about trust and ethics in these models and in AI more generally."
"AI models still grapple with accuracy and reliability, creating concerns about trust and ethics in these models and in AI more generally."
Professor Andrew W. Lo suggests a three-pronged approach to making AI’s intersection with finance safer.
"The Consumer Financial Protection Bureau (CFPB) was supposed to be bipartisan and to implement good policies to protect American consumers."
"What the market really didn't like was the random crazy math of the tariffs. It seemed like they didn't know what they were doing..."
Rather than "release the brakes" by easing the pain of spending, credit cards actually "step on the gas" by anticipating pleasure.
"I wanted a technical curriculum that was going to push and expand my technical skills especially in finance and data-driven decision-making."
"Sloan's finance courses, taught by distinguished faculty and Nobel Laureates, will sharpen my financial skills ."
To make continued progress, the coalition imposing the [Russian oil price] cap should create a policy committee, with regular monthly meetings."
"The economic forces that allow intermediaries to hold market power in traditional finance might still exist in the DeFi world."
"What the Bank of England has done seems to be the standard central bank playbook, which is what they should be doing … "