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The Financial Freedom Blog

July 5, 2023

A Revolutionary Change? Welcome to the Age of Artificial Intelligence

In the summer of 2022, technology pioneer Bill Gates met with the team that developed the algorithm ChatGPT and left them with a challenge: “Train an artificial intelligence to pass an Advanced Placement biology exam…if you can do that, you’ll have made a true breakthrough.”

Expecting to keep them busy for two or three years, they returned to Gates in less than a few months. ChatGPT would correctly answer 59 of 60 multiple-choice questions in this college-level test and provided outstanding answers to six open-ended questions. Then, to further amplify its capabilities, it masterfully answered a non-scientific question: “What do you say to a father with a sick child?” The experience, according to Gates, was “stunning.”1

Indeed, the age of AI has begun. The remarkable capacity of artificial intelligence is increasingly demonstrating its potential to be a significant disruptor. Quite understandably, it has also ignited a new debate about the threat of our technological advances. Yet, beyond this deeper existential debate, the evolution of AI should remind us of the continued pursuit of humans to constantly advance.

Read the whole article by clicking on this link or the image below.

If you have any questions about how this relates to you or your investment portfolio and financial plan, please give us a call at 778 655 2410 or email us at thewonggroup@wellington-altus.ca

Sincerely,
Maili Wong, CFA, CFP, FEA
Senior Portfolio Manager & Senior Wealth Advisor

Wellington-Altus Private Wealth Inc.
Board Director
Wellington-Altus Financial Inc.

Maili Wong is a senior portfolio manager and senior wealth advisor at The Wong Group at Wellington-Altus Private Wealth, and the Amazon best-selling author of ‘Smart Risk’. She has over two decades of experience in the finance industry and was named a Top Wealth Advisor and one of the Best in Province in the 2022 rankings produced by The Globe and Mail and SHOOK Research.

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