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This week's blogpost - https://bahnsen.co/3I6jBxC

Navigating AI in Financial Advice: Trust, Verification, and Pitfalls

In this episode of the 'Thoughts and Money Podcast,' hosts Trevor Cummings and Blaine Carver discuss the role of AI in financial advice, highlighting both its benefits and potential risks. They share humorous anecdotes about AI mistakes, such as a false story about Lionel Messi and Travis Kelsey, and emphasize the importance of critical thinking when using AI-generated information. The conversation evolves into a broader discussion on what constitutes good advice, stressing that quality advice should come from credible sources with accountability, educational background, and understandable explanations. They conclude by advocating for the use of AI as a supplementary tool, not a primary decision-maker.

00:00 Welcome to the Thoughts and Money Podcast

00:09 Marriage, Money, and Pop Culture

00:47 The AI Error: Messi and Kelsey Engagement

02:38 The Role of AI in Financial Advice

03:42 Trusting AI: Personal Experiences

08:32 The Disneyland Email Scam

11:56 The Importance of Critical Thinking

18:36 What Good Advice Looks Like

28:28 Conclusion and Listener Engagement

Links mentioned in this episode:

  • http://thoughtsonmoney.com
  • http://thebahnsengroup.com
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