Back in 2023, I did a podcast with my financial advisors at Harbor Rock Wealth Management [1] on Generative AI (Gen AI) and the then-recent release of ChatGPT.
Now, last month, they invited me back to give an update on the subject.
Watch the video below, which includes slides. (If for some reason the video embedded below does not work, you can also watch it on YouTube here).
00.00 Introductions
01.12 My “retirement from employment” is a redirection of meaningful work
03:57 How my views on Gen AI have evolved--Some issues remain, while some new ones have appeared
04:50 Hallucinations
08:09 Sycophancy
11:27 Dangers of letting Gen AI think or write for you—rather use it as an assistant
14:52 Benefits of Gen AI in software development are a mixed bag
22:07 Gen AI can never replace or automate the human element
23:59 Impact of Gen AI on jobs not as great as predicted
24:52 Past technology disruptions, such as ATMs and spreadsheets, did not lead to widespread unemployment
29:30 But, there will be some disruptions, especially on entry level positions
32:08 Gen AI is going through the classic Hype Cycle
[1] Frank Scavo is not affiliated with or endorsed by Harbor Rock Wealth Management or LPL Financial. See video for full disclaimers.
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