Yes, AI is smarter than you (sometimes) but can it help clients with mortgages?
"An LLM (Large Language Model) can role-play a financial advisor convincingly and often accurately for a client."
"An LLM (Large Language Model) can role-play a financial advisor convincingly and often accurately for a client."
Aviation safety continues to get better. The chance of dying continues to go down by a factor of two every decade.
"In a world of more data, the companies with more data-literate people are the ones that are going to win."
"You also have to be cognizant of how far women have come and how far they still have to go. The percentages are not the whole picture."
"Russia has huge amounts of natural gas and coal, so there's no real economic incentive for them to develop wind."
"In their current form, stablecoins challenge banks and can ignite or accelerate a banking crisis."
"A lot of people in the industry don't recognize how versatile, talented, and multifaceted human skills and capabilities are."
Some companies have decided to create a new management position with enterprise-wide oversight of AI activities — a chief AI officer (CAIO).
"I think we've learned the need to allow central banks to be preemptive and start raising interest rates ahead of time."
Eric Rosengren joined 'Squawk Box' to discuss whether the Fed is under pressure for rate cuts following the weak jobs report.