The Wall Street Journal
Prof. Andrew Lo speaks with Wall Street Journal reporter Cheryl Winokur Munk about how AI tools could be used to help people with financial planning. Winokur Munk writes that Lo recommends providing “just enough information to get relevant answers. And leave out highly personal details like your name, address, salary, employer or specific assets…as such details put people at risk should the AI be compromised.” Lo also advises “trying several AI platforms,” writes Winokur Munk. And “the advice should be run by a professional, trusted family or friends. Be a bit skeptical and double-check with humans.”