Russell frames the AI “alignment problem” in terms that any wealth manager will recognise: the discrepancy between a stated objective and the actual desired outcome.
Just as a client might ask for “maximum returns” without understanding the associated volatility, AI might execute a command in a way that is technically correct but disastrous in practice. This conversation provides a framework for understanding the systemic risks inherent in the current AI race.orisation of AI risks that can be directly applied to client conversations, portfolio construction, and sector analysis. It moves beyond abstract fear to detail tangible threats to the current economic structure.