AI in Finance: A Game Changer or Risky Business for Irish Investors?
2025-08-23
ABC News
- Is AI the Future of Your Finances? With economic uncertainty gripping Ireland, many are seeking smarter ways to manage their money. Jamie Catmull, a leading Forbes contributor, joins ABC News Live to break down the potential of artificial intelligence in finance – and the potential pitfalls.
- Beyond the Hype: Real-World Applications We explore how AI is already being used in areas like investment management, fraud detection, and personalised financial advice. Discover how algorithms are analysing market trends, identifying opportunities, and helping individuals make more informed decisions.
- The Pros & Cons: A Balanced Perspective While the promise of AI in finance is exciting, it's not without risks. Catmull outlines the key advantages – increased efficiency, reduced costs, and improved accuracy – while also addressing concerns around data privacy, algorithmic bias, and the potential displacement of human financial advisors.
- Irish Context: Navigating the Regulatory Landscape This discussion delves into the specific challenges and opportunities presented by AI in the Irish financial sector, considering the regulatory environment and the unique needs of Irish investors.
- What Does This Mean for You? Whether you're a seasoned investor or just starting out, understanding the role of AI in finance is becoming increasingly important. Gain insights into how this technology could impact your financial future and learn what steps you can take to stay informed and protected.
