Podcast Center
Video Center
Webcasts
Resource Center
Events
April 03, 2017 at 08:00 PM
The voice of Jud Bergman, the CEO of Envestnet, is tinged with excitement when he talks about a speaker at the annual Envestnet Advisor Summit in Dallas in May, and about what that speaker can teach advisors and their partners about the best way to deliver advice to clients.
The speaker is Garry Kasparov, the Russian chess grandmaster who became world chess champion at age 22 (holding the top world ranking for almost 20 years) and a political and human-rights activist (meaning anti-Vladimir Putin activist).
Kasparov, Bergman reported, pioneered a new type of chess after he was defeated by Deep Blue, the IBM supercomputer, in 1997. “I call it the Kasparov principle,” Bergman related, meaning, as in chess matches, that “humans plus machines deliver better outcomes” than either alone. “Supercomputers on their own don’t make mistakes,” Bergman said, but they also can’t make “brilliant moves; the [human] grandmasters make them.”
