How to Run a Chatbot on Your Own Computer
Action Required: Advisors should evaluate whether local LLM deployment aligns with firm-wide data security policies and WORM storage requirements before implementation.
This article discusses the technical process of running large language models (LLMs) locally on personal hardware to enhance data privacy. For financial advisors, this approach offers a potential solution to data security concerns when using AI, allowing for the processing of sensitive client information without sending data to third-party cloud servers.
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