Economics Matters with Laurence Kotlikoff Can AI-Driven Economic Models Help Improve Financial Decisions -- Insights from Jonathan Parker, Head of the Finance Department at MIT's Sloan School of Management
Jun 14, 2024
In this insightful discussion, Jonathan Parker, a finance professor at MIT, shares his expertise in economic policy and its real-world implications. He dives into AI's potential to enhance economic modeling and improve financial decision-making. The conversation touches on the pitfalls of retirement savings policies and the importance of understanding behavioral biases in planning. They also advocate for the Maxify Planner, a tool designed to help individuals navigate their financial futures more effectively, emphasizing the need for informed and sustainable spending strategies.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Intro
00:00 • 3min
Navigating Economic Influences and Retirement Challenges
03:24 • 12min
Navigating Retirement Financial Security and Tools
15:37 • 2min
AI and Economic Decision-Making
17:28 • 13min
Investment Strategies and Personalized Financial Advice
30:01 • 4min
AI in Financial Decision-Making
33:35 • 14min
Leveraging AI for Informed Financial Decision Making
47:30 • 3min
Rethinking Financial Education
50:56 • 22min
The Role of Behavioral Biases in Financial Planning
01:12:49 • 2min