Rory on AI, Productivity & the Next Big Shift

Is artificial intelligence really the next great technological revolution, or is it just another overhyped trend? In this episode Rory unpacks why GDP may not fully capture the value created by emerging technologies like artificial intelligence. From the rapid adoption of AI to the lessons learned from previous technological breakthroughs he discusses how innovation changes businesses, creates new opportunities and influences long-term investment outcomes. For a deeper dive into the ideas discussed in this episode, read our Canny View article: The GDP Trap: Why Technology Sceptics Keep Getting It Wrong. (00:00:45) Intro: AI, technology and economic change (00:01:30) Why GDP is still the main measure of economic success (00:03:01) Comparing AI with the motor car and the internet (00:04:46) How technology turns science fiction into reality (00:05:38) Why AI is being adopted so quickly (00:06:23) AI as a workplace assistant, not just a tool (00:08:25) Why technology benefits take time to show in the data (00:09:28) How to tell real innovation from a tech fad (00:10:52) What AI means for investors and the role of financial advice - Rory O'Neill is a Financial Adviser as well as the Director and General Manager at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions. The Adviser Talk is available on all major streaming platforms, including Spotify and Apple Music. *The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visiting our website,* [*www.stewartgroup.co.nz*](www.stewartgroup.co.nz) * * * Hosted on Acast. See acast.com/privacy for more information.