Cooking the Books podcast: Would you trust AI with your investing portfolio?

So what does the money world make of AI developments, and can we use it in a way that helps us, not hinders us? Photo / Getty Images

Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s the reliability (or not) of AI and your money. Hosted by Frances Cook.

Everyone is abuzz about AI, and of course, that means people are hunting for ways to use it to make money.

Some obvious benefits spring to mind – pulling information quickly, and cheaply, to help guide your decisions.

But there are obvious drawbacks, too.

AI has a reputation for pulling some sometimes, rather funky information. Depending on what system you’re using, ask the wrong question, and the computer will just plain old make something up.

So what does the money world make of AI developments, and can we use it in a way that helps us, not hinders us?

For the latest podcast, I talked to Charlie Meaden, co-founder of Gembot.ai.

For the interview, listen to the podcast here.

• If you have a question about this podcast or a question you’d like answered in the next one, come and talk to me about it. I’m on Facebook here, Instagram here, and Twitter here.

• Listen to the full interview on the Cooking the Books podcast. You can subscribe on iHeartRadio, Apple Podcasts, or Spotify.