Museum of American Finance
Museum of American Finance
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AI and Finance: Can We Learn to Love the Bot?
Generative AI is rapidly becoming a more integral part of our lives. From the ubiquitous autofill tool to writing a business plan, Large Language Models (LLMs) are changing the way we interact and work. Like most disruptive technologies, along with innovation, it’s brought some fear and trepidation. There’s uncertainty and anxiety about how it will be used in financial planning and advice, what risks it presents and which jobs it might replace. But does disruption always lead to disintermediation? Or can it also create opportunity?
In this provocative discussion, moderator Josh Brown, CNBC Commentator and CEO of Ritholtz Wealth Management-along with panelists Hema Balasubramanian, VP, Strategy and Innovation, Fidelity Center for Applied Technology (FCAT); John Mileham, Chief Technology Officer, Betterment; and Jeremy Olshan, Personal Finance Bureau Chief, The Wall Street Journal-will help us navigate the complex and fast-changing topic of the impact of AI on finance, see how the whole is greater than the sum of its parts and, most importantly, whether we should stop worrying and learn to love the bot!
Program Co-Hosts:
David Cowen, President & CEO, Museum of American Finance
Sarah Kirshbaum Levy, CEO, Betterment
Переглядів: 64

Відео

2024 Museum of American Finance Gala
Переглядів 1444 місяці тому
The Museum of American Finance honored the achievements of four financial leaders with important awards at its 2024 Gala. CNBC Senior Markets Correspondent Bob Pisani and “WealthTrack” Executive Producer and Managing Editor Consuelo Mack served as masters of ceremony. Richard H. Clarida, PIMCO's global economic advisor and former vice chairman of the Board of Governors of the US Federal Reserve...
Part 5: Digitization and Virtual Programming
Переглядів 45Рік тому
MoAF Founder John Herzog: An Oral History This six-part series features an oral history interview with John E. Herzog, founder and chairman emeritus of the Museum of American Finance (MoAF). It was filmed in November 2022 in partnership with the MoAF and Heritage Werks. About John E. Herzog A life-long collector of financial documents and memorabilia, Mr. Herzog donated a large part of his coll...
Part 2: Exhibit Support and Funding
Переглядів 31Рік тому
MoAF Founder John Herzog: An Oral History This six-part series features an oral history interview with John E. Herzog, founder and chairman emeritus of the Museum of American Finance (MoAF). It was filmed in November 2022 in partnership with the MoAF and Heritage Werks. About John E. Herzog A life-long collector of financial documents and memorabilia, Mr. Herzog donated a large part of his coll...
Part 3: Commitment to Financial Education
Переглядів 19Рік тому
MoAF Founder John Herzog: An Oral History This six-part series features an oral history interview with John E. Herzog, founder and chairman emeritus of the Museum of American Finance (MoAF). It was filmed in November 2022 in partnership with the MoAF and Heritage Werks. About John E. Herzog A life-long collector of financial documents and memorabilia, Mr. Herzog donated a large part of his coll...
Part 4: Managing Adversity
Переглядів 31Рік тому
MoAF Founder John Herzog: An Oral History This six-part series features an oral history interview with John E. Herzog, founder and chairman emeritus of the Museum of American Finance (MoAF). It was filmed in November 2022 in partnership with the MoAF and Heritage Werks. About John E. Herzog A life-long collector of financial documents and memorabilia, Mr. Herzog donated a large part of his coll...
Part 6: Legacy and Future of the Museum
Переглядів 25Рік тому
MoAF Founder John Herzog: An Oral History This six-part series features an oral history interview with John E. Herzog, founder and chairman emeritus of the Museum of American Finance (MoAF). It was filmed in November 2022 in partnership with the MoAF and Heritage Werks. About John E. Herzog A life-long collector of financial documents and memorabilia, Mr. Herzog donated a large part of his coll...
Part 1: Origins of the Museum of American Finance
Переглядів 210Рік тому
MoAF Founder John Herzog: An Oral History This six-part series features an oral history interview with John E. Herzog, founder and chairman emeritus of the Museum of American Finance (MoAF). It was filmed in November 2022 in partnership with the MoAF and Heritage Werks. About John E. Herzog A life-long collector of financial documents and memorabilia, Mr. Herzog donated a large part of his coll...
2022 MoAF Gala Honoring Steven T. Mnuchin, Leo Melamed And Thomas Peterffy
Переглядів 2482 роки тому
The Museum of American Finance honored the achievements of financial leaders in both the public and private sectors with important awards at its 2022 Gala. This year’s Gala was again held virtually with CNBC Senior Markets Correspondent Bob Pisani and “WealthTrack” Executive Producer and Managing Editor Consuelo Mack serving as masters of ceremony. Steven T. Mnuchin received the Whitehead Award...
NFTs: Welcome to the Metaverse
Переглядів 4772 роки тому
In this program, the Museum of American Finance brings together leaders in the NFT (non-fungible token) market to discuss the current explosion and future opportunities within this crypto segment. NFTs are a family of crypto assets that hold ownership of unique data linked to a blockchain (e.g. Ethereum). They are typically packaged as digital collectibles, works of art, music, video game items...
2021 Gala Honoring Roger W. Ferguson, Jr. and Brian Moynihan
Переглядів 6153 роки тому
The Museum of American Finance honored the achievements of financial leaders in both the public and private sectors with important awards at its 2021 Gala. This year’s Gala was held virtually with CNBC On-Air Stocks Editor Bob Pisani and “WealthTrack” Executive Producer and Managing Editor Consuelo Mack serving as masters of ceremony. Roger W. Ferguson, Jr. received the Whitehead Award for Dist...
“Out of the Vault” (Part 8)
Переглядів 3594 роки тому
This is part eight of the Museum of American Finance's new video series based on its “Out of the Vault” exhibit. “Out of the Vault” (Part 1): ua-cam.com/video/mpRQGuydRDc/v-deo.html “Out of the Vault” (Part 2): ua-cam.com/video/cjLmwJudRqc/v-deo.html “Out of the Vault” (Part 3): ua-cam.com/video/Q0RZqqKs6Ls/v-deo.html “Out of the Vault” (Part 4): ua-cam.com/video/56vYFhlgykI/v-deo.html “Out of ...
“Out of the Vault” (Part 7)
Переглядів 2284 роки тому
This is part seven of the Museum of American Finance's new video series based on its “Out of the Vault” exhibit. “Out of the Vault” (Part 1): ua-cam.com/video/mpRQGuydRDc/v-deo.html “Out of the Vault” (Part 2): ua-cam.com/video/cjLmwJudRqc/v-deo.html “Out of the Vault” (Part 3): ua-cam.com/video/Q0RZqqKs6Ls/v-deo.html “Out of the Vault” (Part 4): ua-cam.com/video/56vYFhlgykI/v-deo.html “Out of ...
Out of the Vault (Part 6)
Переглядів 2684 роки тому
This is part six of the Museum of American Finance's new video series based on its “Out of the Vault” exhibit. “Out of the Vault” (Part 1): ua-cam.com/video/mpRQGuydRDc/v-deo.html “Out of the Vault” (Part 2): ua-cam.com/video/cjLmwJudRqc/v-deo.html “Out of the Vault” (Part 3): ua-cam.com/video/Q0RZqqKs6Ls/v-deo.html “Out of the Vault” (Part 4): ua-cam.com/video/56vYFhlgykI/v-deo.html “Out of th...
“Out of the Vault” (Part 5)
Переглядів 2364 роки тому
This is part five of the Museum of American Finance's new video series based on its “Out of the Vault” exhibit. “Out of the Vault” (Part 1): ua-cam.com/video/mpRQGuydRDc/v-deo.html “Out of the Vault” (Part 2): ua-cam.com/video/cjLmwJudRqc/v-deo.html “Out of the Vault” (Part 3): ua-cam.com/video/Q0RZqqKs6Ls/v-deo.html “Out of the Vault” (Part 4): ua-cam.com/video/56vYFhlgykI/v-deo.html In Novemb...
“Out of the Vault” (Part 4)
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“Out of the Vault” (Part 4)
"Out of the Vault" (Part 3)
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"Out of the Vault" (Part 3)
"Out of the Vault" (Part 2)
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"Out of the Vault" (Part 2)
"Out of the Vault" (Part 1)
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"Out of the Vault" (Part 1)
Ralph Blumenthal (Part 2): Crash! The Rise of Fake Money (Scrip)
Переглядів 2914 роки тому
Ralph Blumenthal (Part 2): Crash! The Rise of Fake Money (Scrip)
Ralph Blumenthal (Part 1): Crash! The Stock Market Collapse of 1929
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Ralph Blumenthal (Part 1): Crash! The Stock Market Collapse of 1929
Andrew Browning (Part 3): The Panic of 1819
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Andrew Browning (Part 3): The Panic of 1819
Andrew Browning (Part 2): Dark Days for the World's Economy
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Andrew Browning (Part 2): Dark Days for the World's Economy
Andrew Browning (Part 1): The First Great Depression
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Andrew Browning (Part 1): The First Great Depression
Disrupting Wall Street - Wells Fargo
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Disrupting Wall Street - Wells Fargo
Disrupting Wall Street - JPMorgan Chase
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Disrupting Wall Street - JPMorgan Chase
Matthew Fink (Part 1): Carter Glass and Financial Regulation
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Matthew Fink (Part 1): Carter Glass and Financial Regulation
Matthew Fink (Part 2): Carter Glass and Financial Regulation
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Matthew Fink (Part 2): Carter Glass and Financial Regulation
Disrupting Wall Street - New York Life
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Disrupting Wall Street - New York Life
Disrupting Wall Street - CommonBond
Переглядів 1855 років тому
Disrupting Wall Street - CommonBond

КОМЕНТАРІ

  • @aniljagruth7664
    @aniljagruth7664 2 місяці тому

    Grt Mihir,so thought full and insightful

  • @isonserrano657
    @isonserrano657 4 місяці тому

    Great presentation. I hope to read your book in the near future Mr. Hagstrom.

  • @user-ej6ko7tn1f
    @user-ej6ko7tn1f 5 місяців тому

    DRILL BAY DRILL

  • @user-ej6ko7tn1f
    @user-ej6ko7tn1f 5 місяців тому

    THE LAW OF CAUSE AND EFFECT?

  • @travissharon1536
    @travissharon1536 7 місяців тому

    I just started reading "the bank war" I will finish it, but the defense of central banks off the bat is immediately distasteful. Then seeing your general blvoking of comments on your work leads me to believe youre probably a globalist with a typical inability to engage with criticism.

  • @miracleelisa3737
    @miracleelisa3737 9 місяців тому

    Perfect...great!

  • @williamhorner6724
    @williamhorner6724 11 місяців тому

    THE SOLUTION IS QUITE SIMPLE TO PREVENT THE RAMPANT ABUSE IS PROPER COMMON SENSE STRICT BANKING REGULATIONS ENSHRINED IN LAW. IF WHAT EVER PARTY YOU VOTE FOR MAKE SURE THE ENSHRINE IT IN THEIR MANIFESTO. The only way to fix the banking system is to bring back the UK Pre-1997 strict banking regulations and USA Glass Steagall Act that Senator Glass Steagall had the COMMON SENSE to enshrine in Law to protect mortgage, pensions, savings from the RACKETEERING of the Banksters. Whilst there is no proper regulation with an enforceable deterrent of zero tolerance and heavy penalties the rampant abuse will continue in perpetual cycles every 15 years causing debt, deficit, and never-ending austerity from the cradle to the grave.

  • @beat1riz
    @beat1riz 11 місяців тому

    The audio is very bad quality!

  • @jobber1984
    @jobber1984 Рік тому

    Love listening to Mihir.

  • @Chap17
    @Chap17 Рік тому

    So enjoyed this!

  • @llClassifiedll
    @llClassifiedll 2 роки тому

    Damn that was a dead crowd💀 kind of felt bad. I was laughing at his laughing points. Maybe he was corny, idk I thought he was funny.

  • @iceyred6668
    @iceyred6668 2 роки тому

    HGirlilLs talk in conffidon'T executiveR //nd.D

  • @ravindertalwar553
    @ravindertalwar553 2 роки тому

    Congratulations for wonderful presentation

  • @Whizket
    @Whizket 2 роки тому

    Where can I get the slides to look at Dr. Lo's presentation?

  • @jameszeris5418
    @jameszeris5418 2 роки тому

    Amazing

  • @gregorybattis9588
    @gregorybattis9588 2 роки тому

    Slides would have been nice to link but enjoyed it anyway. Thanks!

  • @PrashantTayshetye
    @PrashantTayshetye 2 роки тому

    Wow

  • @user-or7ji5hv8y
    @user-or7ji5hv8y 3 роки тому

    But are we not providing rogue regimes like North Korea a platform to participate in financial system and possibly risk our system?

  • @user-or7ji5hv8y
    @user-or7ji5hv8y 3 роки тому

    But must you have cost to have decentralization? And what point is decentralization too expensive? Cost from emery usage.

  • @robbie9821
    @robbie9821 3 роки тому

    shits changed since this was uploaded lol

  • @r.a.p.h4481
    @r.a.p.h4481 3 роки тому

    Interesting Talk! Thanks for the upload :) But with the intro sound could be used for torture...

  • @Brandi.Nicole
    @Brandi.Nicole 3 роки тому

    Just bought the book on audio! I’m 1 hour in and love it. I feel like I should be constantly stopping and taking notes but I’m going to listen to it all the way through and then go back! Great content! Thank you

    • @confidential303
      @confidential303 2 роки тому

      Can I borrow your notes :P

    • @twijukyedaniel6259
      @twijukyedaniel6259 Рік тому

      please guide me on how I can get this on audio...

    • @ube-23s
      @ube-23s 11 місяців тому

      What is this Advice about?

    • @vuthychea2877
      @vuthychea2877 2 місяці тому

      What is the title of the book? I am in Cambodia and am MBA student in accounting and finance how I can buy this book ?

  • @yukip8312
    @yukip8312 4 роки тому

    Ok boomer

  • @yukip8312
    @yukip8312 4 роки тому

    Ok boomer

  • @KashifRazacs
    @KashifRazacs 4 роки тому

    The Apex court in India has mentioned in its order about your Bitcoin simple explanation...Great work

  • @realityfake4191
    @realityfake4191 4 роки тому

    Tomorrow will see. Sleepy now😴

  • @arrowb3408
    @arrowb3408 4 роки тому

    Hahaha... the same tool of 4 chooses with different contrasted age groups, the kids chose the blue the most. On the contrary, the senior group chose the black one the most. Hahaha... by economic psychology, it seems the older still not so reserved in investment at all from what I saw the mordant old people. Just because the audiences down here got higher education or had stable job with retiring life? Very interesting to see this unexpected outcome........STF......

  • @thechartiste7935
    @thechartiste7935 5 років тому

    I have just got "The evolution of Technical Analysis" in the mail. Why did they skip Sumerians? That's when everything started.

  • @thomasandersen9310
    @thomasandersen9310 5 років тому

    Starts at 00:02:18

  • @alpha_rho_delta
    @alpha_rho_delta 5 років тому

    Great talk, it would've been extremely useful to show the slides as well. Please do so in future talks.

  • @maddooggg
    @maddooggg 6 років тому

    re: Jason Zweig @jasonzweigwsj Jul 13 Oh, *now* I understand. It's a "-vich" hunt! ______________________________________ No you don't understand.. STILL NO COLLUSION ! you triggered, libtarded and proud assclown !

  • @johnresto1603
    @johnresto1603 6 років тому

    Great job. I felt like i was on a walking tour.

  • @lorenzomcnally6629
    @lorenzomcnally6629 6 років тому

    "Banks and hedge funds make more money on trading SWAPS than trading in Stocks and Bonds," ~ NY Times Deal Book October 23, 2015. It was called the “Commodities, Futures Modernization Act” in 1999 and 2000 signed by BILL CLINTON that birthed $20 TRILLION worth of USA Low Income FHFA/NYSE ROBO SIGNED SWAPS mortgage FRAUD and $300+ BILLIONS in FREE Criminal profits to the NY Bank and Hedge Fund Crime Families in 2009-10 ALONE care of the FDIC. The NYSE is NOT a Price Discovery engine of Capitalism anymore , not since 2000. It is a giant $1.4 Quadrillion SWAPS Casino that is $20 TRILLION in the hole and trading in VOLATILITY called SWAPS gambling inside the VIXX with HFT's and string betting techniques around the World from NY, London, Hong Kong, Dubai, with the TAXPAYERS the all time schmucks of anything monetary and NYSE ! 68% of every asset in the World is leveraged 98% with DERIVATIVES aka SWAPSbets, in BOTH directions and virtually IMPOSSIBLE to predict and REGULATE !! The entire American taxpayer SWAPS liability is $1-2 QUADRILLION dollars. Every human endeavor in the world (for the first time in HISTORY) with regards CAPITAL and LABOR is being 'short stopped," CHISELED with the Wall Street "Health and Welfare" check/monetary/BROKER cut. The broker's cut for millions of transactions every day ! This makes the Good Old Italian American Mob Casino/book making look like the KINDERGARTEN of criminal PROFITS aka literally of the scale of Money for NOTHING ! $$ Billions in HEDGE FUND profits every quarter ! Thousands of HEDGE FUNDS in on the ACTION ! They don't grow 103 NY billionaires on trees ! They grow them on "legal third party research," aka NYSE inside information and derivatives and HFT string betting algorithims ! Mickey Cohen and Arnold Rothstein are crying in their graves ! John Gotti was right ~someday we are going to miss the Old Fashioned STAND UP BAD GUY Gangsters, could see them coming anyway and they didn't STEAL a tenth of what this New Breed of NY HEDGE FUND GANGSTERS steal every day ! "LEGALLY."

  • @zonk3835
    @zonk3835 6 років тому

    Adaptive markets and the implications for me as an FA are immense.

  • @jabrailaryubi3104
    @jabrailaryubi3104 6 років тому

    It was a good and very informative webinar. There were good points about explaining your valuation.

  • @carm4646
    @carm4646 6 років тому

    Good speaker. Wish included q&a.

  • @kibuemark480
    @kibuemark480 6 років тому

    shout out from Kenya Africa...That piece was awsome

  • @romolahodas2413
    @romolahodas2413 7 років тому

    Bitcoin is happening. More and more people are buying and making a lot of money....I am one...do more research...

  • @sngs9565
    @sngs9565 7 років тому

    I enjoyed reading the book about Bob Benmosche.....such a legendary leader....Very few leaders emulate Bob's leadership!!! Yet there is no documentary or movie about this man since he really saved not only AIG, literally the financial industry worldwide....A lot of jobs saved due to Bob...Thank you, BOB and your leadership would be cherished forever...

  • @veronicamanlow
    @veronicamanlow 7 років тому

    informative video

  • @paulfalconeHR
    @paulfalconeHR 7 років тому

    Barbara Chernow's contributions to the Hamilton legacy are outstanding, and we're all the better for it--especially now that interest in Hamilton is so high because of the play. Thank you, Barbara, for your years of dedication and research to this critical part of our American heritage!

  • @HarrietLiff
    @HarrietLiff 7 років тому

    I learned so much about the $100 bill--must get one some day :)

  • @jasonguo5057
    @jasonguo5057 7 років тому

    Very insightful. I never thought of a company's value being the product of a never ending story before. I always just thought it was the output of various micro and macro economic inputs and estimates.

  • @tayebbennegueouch4679
    @tayebbennegueouch4679 7 років тому

    Great webinar !! Thx professor.

    • @tayebbennegueouch4679
      @tayebbennegueouch4679 7 років тому

      Have you ever considered the high risk of "partners" drivers giving up with Uber to putting the company to renegotiate the commission terms ?? Is it possible that one day drivers shut their phones down on Uber ?? Is it plausible, since Uber is putting a lot of pressure on the drivers' earnings? Is it probable that Uber will never end its legal fights that are going on everywhere pretty much ??

  • @garris29
    @garris29 7 років тому

    Looking forward to this exhibit!

  • @buddyguyeh
    @buddyguyeh 7 років тому

    I disagree with the points made starting around 4:15. I formerly was pursing a career in chemical physics, but recently attained a Science degree in modern mathematical statistics and economics, with which I am preparing for a doctoral degree. I think that we do not pretend to understand perfectly the phenomena upon which human development and action is explained and confined. In fact, I believe many economists make a point to remind themselves of their models' and their own limitations regarding predictions and hypothesis testing. Physicists do not even pretend this, we look for ways constantly to dissolve ideas by finding them obsolete, to continually understand physical reality increasingly more. Even looking at something as basic as the constant gravitational force on Earth, we see that approximations throughout history served as valid significant and usable windows of potential certainty through which man must look, allowing for bigger building and other inventions. By abnegation, we lose any, even the smallest sliver, and all available guidance; that's just idiotic and inefficient. Thoughts?

    • @earlpierce7173
      @earlpierce7173 7 років тому

      buddyguyeh I think there are plenty of people and bankers that understand the reasons for our present economy and banking policies. Money creation as a debt with interest attached is the basic source of our economic problem. Money is meant to be (Or at least should be) a neutral means of exchange. This means there should not be a "middle man" benefiting from every transaction. But due to all money being created as a debt with interest (that is impossible to pay back completely) it causes automatic inflation, need for ever increasing taxes, all countries in debt, scarcity of funding for basic needs, and wealth inequality. Issuing money debt free for purpose rather than as a debt for profit would eliminate these undesirable affects, and it would stabilize the economy and create a debt free medium of exchange. Also, profit from loans should be returned to the local economy in which the money was issued to support. (A money recycling if you will) This will help reduce the need for taxes, end unlimited inflation and perpetual debt, wealth inequality to the extreme we see it today, and allow governments to operate debt free if done correctly. But it will take people understanding the purpose of money before overcoming the already installed institutions benefiting from the profit scheme already in place.

    • @user-hu1yi8ox9z
      @user-hu1yi8ox9z 3 місяці тому

      He but a little bit of perfume on it. To stop it from smelling.

  • @litourguide
    @litourguide 7 років тому

    Let us now when you have a program for tour operators.ok?

  • @jeremybracken3663
    @jeremybracken3663 8 років тому

    I loved the first 4 sections, but disagree with a couple points in this last chapter. Henry Ford did not want to pay $5/day. He NEEDED to in order to reduce the massive labour turnover that he was experiencing due to the extremely difficult working conditions and pace at the factory. In fact, he treated his workers much worse than other car factories of his era. Brute force was frequently used to intimidate and suppress the union movement. There were even a handful of murders in the process. I believe Ford was the last car company whose workers joined the UAW. I also can't help but disagree with his take on the minimum wage. The Australian workforce and US workforce have many different variables at play, and you cannot discount the unintended consequences that will accompany a price floor in the labour markets. Otherwise, I enjoyed his talk

  • @theslowblitz
    @theslowblitz 8 років тому

    Great video! I like the peeling of the layers of the investigation of the Volkswagen scandal. I also like that the talk is broken into chunks - I'd probably not watch an hour long video even if I think it might be interesting, but a 15 minute video that is also in-depth is great.

  • @RichardAlpert
    @RichardAlpert 8 років тому

    Hi Harley, fascinating Q & A. I really enjoyed hearing what you presented and seeing your collection. Hope to talk to you in the near future about money and art.