If you haven’t heard, many industries and professions are said to be under serious threat by the rise of artificial intelligence or AI. It certainly makes for a good story, and there’s a financial angle. Lately the financial media have started doing stories on how investors are using AI to pick stocks and guide their financial decisions. It’s gotten around to stories asking can you replace your financial adviser with AI? It’s all good fun. And we don’t feel the need to defend ourselves with this one. We’d say financial advisers being replaced by AI is still a long way…

As tends to be the case these days, a large number of people head to the internet to ask questions. Sometimes anonymously, sometimes not. While more and more of these questions will likely be asked of AI as we go forward, plenty of people still like to ask questions and converse with each other online. The questions range across a lot of areas, but money, home maintenance, cars, medicine and health are popular categories. This is evidenced by the fact all of these areas have multiple forums on the internet set up to cater for discussion. If you’ve started a…

It’s a well-worn anecdote, but if you haven’t heard it before… authors Kurt Vonnegut and Joseph Heller were at a party held by a billionaire investment manager. Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history. Heller responds, “Yes, but I have something he will never have…enough.” It’s a two-part commentary. Heller is inferring that internally he has a contentment with his status, success in his chosen field and his financial position. At the time, this…