Financial advisors weigh AI upside against demand for human advice

Morningstar research shows that more advisors are turning to generative AI for greater efficiency, while clients demand deeper advice, context and emotional support. Financial advisors rely on generative AI to manage their routine work, but remain cautious about how the technology fits into their role as relationship managers and behavioral coaches, according to Morningstar data….

Read More

Navigating the legal landscape of AI – Scot Scoop News

“Code on the wall”/Nat W./IndustryToday/CC By-SA 2.0 A person is silhouetted in front of projected computer code. Generative artificial intelligence builds on similar software and is increasingly becoming a priority for lawmakers. Governments around the world have rigorously debated how to oversee its development. California lawmakers have made great strides over the past year to…

Read More

California AG to investigate xAI, Grok over sexualized AI images of women and children

The California Attorney General on Wednesday announced an investigation into non-consensual sexually explicit material produced using Grok, the artificial intelligence chatbot developed by xAI. The investigation into the Elon Musk-owned company comes amid a broader global backlash against deepfake images that spread on X. Attorney General Rob Bonta’s office cited reports that users asked Grok…

Read More