SEC's Gensler: Firms Need To Keep Clients Interests in Mind With AI

The video discusses the transformative impact of predictive data analytics and artificial intelligence, comparing it to the Internet and automobile production. It highlights the importance of aligning technology with investment advisor standards to ensure investor interests are prioritized. The video emphasizes the role of technology in predicting investor behavior and ensuring advisors do not prioritize their interests over those of investors.

What is the transformative technology mentioned in the text?

How does the text compare predictive data analytics to historical technologies?

What concerns are raised about the interests of investment advisors?

In what way does the technology aim to align with investor interests?

What role do behavioral prompts play according to the text?