Many female celebrities have become the victims of deepfake porn, where their likeness is put in videos without consent, while scammersIn May, a deepfake image of an explosion near the Pentagon went viral. Swiftly debunked, theThe software that creates the deepfake is taught, or trained, to identify the ways that subjects like human faces and expressions work and then use that knowledge to create new, and realistic versions of the subjects.
The upshot, he says, is being able to send out more client communications, more quickly and with less work.Aside from the general videos Gerrard says the technology can also be used to streamline portfolio reviews for clients.platform provider is hooked up to FinancialAdvisor.com.au’s customer relationship management platform, which in turn is linked to the AI video tool.
Gerrard says he has only tried it out with a “handful” of clients as a pilot test so far, and that those who received the deepfake videos were told it was AI-generated.While he’s happy for AI to create a clone of himself, Gerrard says he won’t let it pick his stocks. He is sceptical of its ability to replace the human mind, and a financial adviser’s ability to empathise and understand their clients’ unique personal situations.
Or, it could potentially offer basic portfolio advice. Once the client has filled out a risk questionnaire, the AI could technically direct them towards an appropriate allocation of bonds, shares and properties.