The new “Manhattan project”
The CEO of OpenAI (Sam Altman) has compared his firm’s work on artificial intelligence to the Manhattan Project, where the first nuclear weapon was developed during World War II. Just like the warnings against the development of the atomic bomb, more than 2,000 tech experts and leaders across the world signed a letter calling for a pause…
Affordable advice – the Holy Grail?
According to Adviser Ratings, only 12.2 per cent of the population used an adviser in 2019, down from the year before. ASIC wants to know how Australians can find affordable, quality advice and issued Consultation Paper 332 to find out. Firstly, what is affordable advice? ASIC report 224 found on average, consumers believe initial advice…