AI Will Empower a New Generation of Entrepreneurs

AI will produce a whole slew of entrepreneurs. This will be especially true in professional services such as management consulting, law and financial advisory. AI captures all the relevant information available and offer alternatives, pros and cons and suggestions, based on different assumptions and scenarios. For example, I recently used it to do a bit of personal financial planning. I told AI my financial situation, needs and goals. By asking the right questions, AI offered options and even helped me think through issues I had not considered, such as retirement planning, taxes, and how to balance and optimize my portfolio over time. In the end, AI helped me develop a fact-based, tailored strategy and plan to meet my needs. Stay tuned. I am sure the same can be said for other similar professional services.

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