AI in Action The era of AI in finance has officially begun
May 20, 2025
Join Ron Insana, CEO of iFi AI and veteran CNBC contributor with over 40 years in finance, as he discusses the transformative power of generative AI in financial services. He explains how AI is boosting productivity, reshaping investment management, and making advanced tools accessible to everyday investors. The conversation tackles the challenges of data sourcing, the necessity for human oversight, and strategies for organizations to remain competitive in this rapidly evolving landscape. Prepare to future-proof your finance career!
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Episode notes
Gen AI Boosts Finance Productivity
- Gen AI is currently improving productivity mainly through back office tasks in finance.
- It is expected to play a major role in investment decision-making in the next 5 to 10 years.
AI Powers Short-Term Forecasting
- AI analyzes massive data sets nightly to generate expected returns for thousands of securities.
- It currently provides short-term forecasts which aid in index and ETF creation.
Prioritize Quality Data for AI
- Focus on sourcing high-quality, trusted news sources to train AI models.
- Continuously retrain models to filter out misinformation and improve data reliability.
