I had my own AI epiphany this week. Just before a Zoom meeting, I clicked on a button at the bottom of the screen which said ‘AI Companion’, not, of course having read any manuals. Didn’t think much more about it until, 30 seconds after the end of my half-hour meeting, a page of beautifully organised meeting notes appeared in my email inbox. I was, quite literally mate, open-mouthed. I’ve used it four times now, and on the last, didn’t take any notes myself and have used, with a few minor edits, the Zoom notes in place of my own regulatory record of the meeting. So now I’m an AI convert, and, I have to say, keen to find out with what other time-consuming stuff it can help me, perhaps with a bit more input from me. I’m told, for instance, that my iPhone will soon be able to do something similar with a Voice Memo recording of an actual real meeting, another great step for someone who can quite often not read his own scribbled on-the-spot notes and whose long-suffering assistant struggles to understand his in-car dictated waffle. Don’t worry, it’s not quite Robbie the Robot sitting on your sofa, just a potentially less harassed actual adviser.
“Majority of IFAs have no plans to use AI in their practices”
I remember sometime in the 90’s, attending a presentation by a successful adviser providing helpful hints to an audience of wannabes, young and old.
