Terry Savage: Artificial intelligence and your future prosperity | Money
Terry Savage: Artificial intelligence and your future prosperity | Money
Publish Date: 2026-02-11 16:05:00
Source Domain: www.news8000.com
Artificial intelligence is coming faster and more furiously than you might have imagined. It has the power to change our society, our economy, our health and our personal relationships in ways that might not be pleasant to dwell on.
But you can’t ignore its impact on your personal finances and on your investment decisions. So, instead of hiding from the impact of AI, you need a comfortable place to join in this movement — even if it’s only by using an app on your phone to answer questions that once required a trip to the encyclopedia!
So, let’s start with a chatbot. That’s a term for an app or a web interface that you can talk to. Typically, you ask a question and it answers. Among the most popular and widely used chatbots are ChatGPT, Google Gemini, Perplexity and Microsoft Copilot.
Businesses and scientists use other programs to do everything from write code to solve tax issues to sort out legal precedents. But for most of us, the four chatbots mentioned above are a perfect introduction to the mysteries of AI. (And one of the best features of most chatbots is that you can use your voice to ask questions, instead of typing on your device.)
Once you’ve moved into this world of AI, you’ll see the speed and breadth of what these programs can do. Now, apply that by extension to the worlds of science, manufacturing, home-building, insurance, finance and every other business process. It’s like looking at a new universe.
You and I will never understand the complexities of this transition, much as we don’t really understand what’s “inside” our computers. And, in the same way, generations before us were mystified by how sounds (radio) and pictures (television) could travel through the airwaves. We simply accept those miracles, and use them in our daily lives.
Our children already live with the fact that artificial…
