The Global Institute of Finance, Technology and Society (GIFTS), recently launched by Nanyang Technological University, aims to deepen research into how AI is reshaping finance, business and society. But there was a line in NTU's launch announcement that's worth discussing: today's AI isn't yet reliable enough for serious economic research.

So what does that mean when AI is already shaping decisions about our banking, our insurance and our investments?

On Viewpoint, Lynlee Foo speaks to Gary Ang, founder of independent AI advisory practice, Quaintitative and former Lead of AI Supervision at the Monetary Authority of Singapore, about the gap between what AI can do today and what the financial sector actually needs it to do, and the questions every customer should be asking when AI is involved in decisions about their money.