Podcast Episode: AI in Financial Planning: Ethical Insights with The Wealth Tech Insider

Episode 23: The WealthTech Insider Podcast
In a rapidly evolving technological landscape, integrating artificial intelligence (AI) into financial services has become a game-changer. In this episode of WealthTech Insider, host Danni Le Grande explores how to leverage AI responsibly and ethically in financial advice businesses with industry experts Selin Ertac from Tangelo Advice Consulting and Fraser Jack from The Cyber Collective.
The episode kicks off with an in-depth discussion on the newly developed AI Usage Policy, a comprehensive guide designed to help financial advice businesses utilise AI tools securely and responsibly. This policy, created through collaboration between Tangelo and The Cyber Collective, addresses the immense potential and inherent risks associated with AI technology.
Selin Ertac outlines the policy's purpose and scope, emphasising the need for guidelines that help businesses understand and mitigate AI risks. Fraser Jack shares insights into the collaborative effort behind the policy and highlights the importance of addressing AI advancements while maintaining trust and data privacy.
The conversation also explores the concept of "authentic intelligence," where transparency in AI use is key to maintaining client trust. The experts discuss practical tools and best practices for responsible AI use, focusing on user consent, data privacy, and human oversight in AI outputs.
Listen to the full episode to learn more about integrating AI into your business operations effectively and ethically. Gain valuable insights and actionable advice to help you navigate the complexities of AI adoption in financial services.
Don't miss out on this enlightening discussion. Tune in now and take the first step toward a more secure and efficient use of AI in your financial advice business.
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