Sarah Bateman: The path to AI hell is paved with good intentions

'If Amazon cannot fix it...'

clock • 5 min read

It is fair to say that we are all aware of the house-buying crisis facing millennials, writes Sarah Bateman, but technology that could help 'generation rent' save for their first homes is struggling to rid itself of a fundamental flaw

House prices in some parts of the country are so high that it is almost impossible to buy a first home. Millennials are not stupid and they understand the need to save, but putting part of their wages away is no longer enough. Indeed, the advice to only invest what you are prepared to lose is tricky when low-risk investments appear to make the dream of owning a home impossible. So, it is imperative for millennials to make their savings work hard, but how can they achieve this? There are alternative finance vehicles that have a maverick appeal but are accompanied by high levels of risk...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Dynamic Planner CEO on AI's role in 'trusted advice'

Dynamic Planner CEO on AI's role in 'trusted advice'

‘The challenge is that delivering advice is hard’

Isabel Baxter
clock 09 December 2025 • 6 min read
FCA reveals first group of financial firms to take part in AI testing

FCA reveals first group of financial firms to take part in AI testing

To deploy ‘safe and responsible’ AI

Cristian Angeloni
clock 03 December 2025 • 1 min read
Providers have 'clear role' to help advice firms with AI governance support

Providers have 'clear role' to help advice firms with AI governance support

Less than 5% of advisers have a full AI policy

Isabel Baxter
clock 02 December 2025 • 3 min read