AI in Finance and Investing | Public.com's Jannick Malling | Artificial Intelligence Podcast

On this episode of the AI For All Podcast, Jannick Malling, co-founder and co-CEO of Public.com, joins Ryan Chacon and Neil Sahota to discuss AI in finance and investing. They talk about what Public does, stock trading, how AI synthesizes financial data, the benefits of AI in investing, the impact of AI on investors and investing, how experienced investors are viewing AI, the new roles AI will create in finance, predicting the irrational behavior of people, and the risks of AI investing. Jannick Malling is the co-founder and co-CEO of Public, the investing platform that allows people to invest in stocks, ETFs, treasuries, crypto, art, collectibles, and more – all in one place. The Danish entrepreneur has a natural drive for making a difference. At the age of 17, he joined Saxo Bank. Two years later, he helped build the fintech company CFH Group, which was eventually sold to Playtech (LON: PTEC) for more than DKK 800 million. As part of CFH Group, he also launched the spin-off company Tradable, the world’s first open API trading platform. In 2019, he founded Public, which has gone on to raise over $300 million from investors such as Accel, Lakestar, Tiger Global, Will Smith (Dreamers VC), and other prolific investors such as Maria Sharapova, Tony Hawk, and NFL stars J.J. Watt and Bobby Wagner, and more. Public is on a mission to make the public markets work for all people. The fintech went from founding to unicorn status in less than 3 years, and has been one of the fastest growing financial services apps in America, boasting more than 3 million members since its 2019 launch. 2023 will be a defining year, as this is the year Public has ventured beyond stocks and crypto investing into other asset-classes such as alternatives and fixed income products, and has taken the first steps in its international expansion. Discover more about AI at https://ai-forall.com More about Public.com: https://public.com (00:00) Intro (00:19) Jannick Malling and Public.com (00:27) What Public does and AI in investing (04:57) Advanced trading capabilities for retail investors (08:29) How does AI synthesize financial data? (12:10) Who benefits the most from AI in investing? (15:38) Is AI making people better or worse investors? (22:23) How is AI transforming the investing world? (26:12) How are experienced investors viewing AI? (30:16) What new roles will be created in finance by AI? (33:41) Predicting the irrational behavior of people (37:21) Risks in AI investing (40:43) Learn more about Public.com Subscribe on YouTube: https://bit.ly/43dYQV9 Listen to the Podcast: https://bit.ly/45rewGf Join Our Newsletter: https://newsletter.ai-forall.com Follow Us on Social: https://linktr.ee/aiforallofficial