Would you trust AI for financial advice?

Marketplace

News, Business

4.6 • 8.5K Ratings

🗓️ 10 August 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Many finance-focused artificial intelligence tools seem designed to make the jobs of human financial advisers easier, not replace them. At least for now. Today, we’ll map out how likely it is that AI will manage our money and pick our stocks. We’ll also dig deeper into inflation data for shelter and gas, then examine how aging populations could shake up the global economy.

Transcript

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0:00.0	Marketplace Morning Reports new Skin in the Game series explores what we can learn about
0:04.5	money and careers from the $300 billion video game industry.
0:09.4	Plus here how an Oakland-based program helps young people get the skills they need to break
0:14.0	into this booming industry.
0:16.0	Listen to Skin in the Game and more from the Marketplace Morning Report wherever you get
0:20.5	your podcasts.
0:21.5	Hey, so here's a fun game.
0:25.4	How many different ways can you reference inflation?
0:29.8	Here are my two, Shelter and Gas.
0:34.0	From American Public Media, this is Marketplace.
0:46.3	In Los Angeles, I'm Kyle Rizzo.
0:48.1	It is Thursday, day 10 August.
0:50.7	Good as always to have you along, everybody.
0:53.4	The big picture economic news of this day, I imagine you've heard already inflation in
0:58.4	this economy up just a hair month to month, two tenths percent, up 3.2% from July a year
1:04.7	ago.
1:05.7	Higher than anybody?
1:06.7	Hello, Jay Powell wants?
1:09.1	Yes, but also down a lot from where things had been.
1:13.8	Also this report in particular bears some peeling back of the layers to understand what's
1:19.2	really going on.
1:20.6	So layer number one for us today is Shelter.
	...

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