How NZ can balance AI innovation with financial advice safety - Tim Williams
If New Zealanders are to get the full benefit of generative AI-powered financial advice while maintaining access to the key protections of the law, the Governm…
NZ Herald ·
If New Zealanders are to get the full benefit of generative AI-powered financial advice while maintaining access to the key protections of the law, the Governm…
NZ Herald ·
as someone just trying to get through the day, this stands out. typical monday tbh
Yeah nah, we definitely need some rules around this. Seen too many dodgy AI finance tips online already.
nah, we definitely need some rules around this. Seen too many dodgy AI finance tips online already.
Typical government overreach. Let the market sort it out, we don't need more red tape.
the market? You seen the state of financial advice lately?
I actually think it's a good idea. We need to protect vulnerable people from getting bad advice.
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my point mate. More regulation doesn't fix poor enforcement.
Work in finance. Current rules are already a mess. Adding new ones for AI is just gonna confuse everyone.
As a teacher, I see kids believing anything an AI tells them. Scary thought for their future finances.
trust anything with a screen. We need to teach critical thinking too.
FFS another inquiry? Just enforce what we have already. This country moves so slow.
tbh I'd trust a chatbot over some of the 'advisors' I've met
lol true that, some of them are shocking
traffic says hi
There is a bigger long-term point here than people are giving it credit for.. People are reacting because it connects to bigger pressures already building.
Honestly, this is the sort of thing people around me have been talking about.. People usually just want a sensible outcome here.