During a recent interview on “The Joe Rogan Experience,” Jensen Huang, the CEO of Nvidia, shared a fascinating anecdote. As many of you know, Jensen is the CEO of Nvidia, the world’s leading manufacturer of graphics processing units (GPUs)—one of the essential hardware components powering the training and inference of modern machine learning models.
Jensen noted that Geoffrey Hinton (often called “the Godfather of AI”) once predicted that within five years, the field of radiology would be largely obsolete. Hinton’s reasoning was intuitive: if AI excels at image and pattern recognition—the very core of radiology—then technological displacement was all but inevitable. But the opposite happened…
According to a New York Times article published in May 2025, the Mayo Clinic has increased its radiology staff by 55% since Hinton made that prediction. The article frames AI not as a replacement technology but as a force multiplier. In many hospitals, AI is being deployed not to eliminate radiologists but to assist them—sharpening images, performing measurements, flagging abnormal findings, triaging cases, and highlighting esoteric studies so human experts can focus their attention where it matters most.
This pattern isn’t new. Throughout history, disruptive technologies have reshaped the job landscape, reallocating labor resources by retiring outdated tasks while creating entirely new ones—or industries. The automobile relegated horse-drawn buggies to obsolescence, but it unlocked vast new industries in manufacturing, engineering, logistics, and energy—and forever changed how humans move around. The rise of computers eliminated jobs doing manual calculations, yet it unleashed millions of jobs in hardware, software, design, cybersecurity, and IT services—and trillions in wealth creation.
AI appears to be following the same arc: not pure destruction, but creative destruction (an idea made famous by Austrian economist Joseph Schumpeter).
The same will be true in the wealth management industry. Every few years someone predicts that algorithms, robo-advisors, or now AI will render human advisors unnecessary. Yet the opposite continues to occur. Technology has consistently expanded what great advisors can do—automating tedious tasks such as note-taking and scheduling, expediting research, improving portfolio construction, and giving clients more and better insights faster than ever before.
The core of our profession has never been stock selection, spreadsheets, or Monte Carlo simulations. It has always been about understanding client-specific nuance. Navigating uncertainty. Imparting wisdom only gained through years of experience. Aligning prosperity with purpose.
AI will undoubtedly change our industry—but not by replacing advisors. Just as in radiology, AI will amplify and distinguish those who of us who choose to use it intelligently. Powerful tools + human wisdom has always been a winning formula. My bet is this won’t change any time soon.