A pair of major technology challenges for wealthy individuals and structures such as family offices are cybersecurity threat actors, and AI tools that can be used to accentuate these.
It is hard to avoid talking about AI and how it affects financial services and it is equally difficult to overlook cybersecurity threats.
Many family offices use tools because it is relatively available and they can get answers very quickly.
Private AI?
FWR asked Goldstein what he thinks of moves to develop closed/private AI that avoids the risks of public systems.