The Benefits and Risks of Artificial Intelligence in Investing with Kirk Loury
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The rise of artificial intelligence (AI) has disrupted many industries. But what role does it play in the world of finance? Can AI revolutionize investing?
In this episode, Kirk Loury, portfolio strategist at MCM Wealth and managing member of Advisable Wealth Engines explores AI’s origins and advancement, its application in daily life, and the potential risks involved. He also offers his personal perspective on how AI might impact the financial services industry.
Kirk discusses:
- A brief overview of what AI is and how it works
- Why leaders in AI are firm advocates of regulation and protection against the negative aspects of AI
- A real-world example of “AI hallucinations”
- The potential benefits of AI in the legal and investment professions
- And more
Connect with Geoff Hakim:
- MCM Wealth
- Office: 844-626-4949
- LinkedIn: Geoff Hakim
- geoff@mcmwealth.com
- Direct Line: 415-299-6574
Connect with Kirk Loury:
- MCM Wealth
- Advisable Wealth Engines
- LinkedIn: Kirk Loury
- kirk@mcmwealth.com
- Direct Line: 609-759-0404
About Our Guest:
Kirk Loury provides integration between MCM’s marketing, investment strategies, and implementation. He is also co-founder and managing member of Advisable Wealth Engines. Mr. Loury has over thirty years experience in a variety of executive roles covering investing, marketing, and wealth-technology deployment. He has a particular expertise in applying well-conceived insurance products as investments within a wealth plan to minimize portfolio volatility, deliver high tax efficiency, and meet multi-generational income goals. While having experience with institutional investors, Mr. Loury’s primary focus is with private wealth investors including family offices. Kirk Loury received a bachelor’s degree in marketing from the University of Colorado, Boulder, and an MBA from the Harvard Business School.