ABOUT THIS EPISODE
AI adoption inside the enterprise took major steps forward in 2026, but AI behaves very differently from the software companies are used to managing. In the latest Silvercrest Podcast, Managing Director and Portfolio Manager Alexander Waldorf, CFA, and Managing Director and Chief Investment Strategist Robert Teeter discuss why probabilistic AI systems require ongoing guardrails, how institutional knowledge becomes the real constraint, and why the market’s view of software and services disruption may be painting with too broad a brush.Visit www.silvercrestgroup.com to learn more.0:00 Why 2026 Became the Year of Enterprise AI Adoption1:14 Probabilistic AI Versus Deterministic Software2:04 From Verify Once, Trust Forever to Managing Correctness4:02 Useful Is Not the Same as Reliable5:43 The Market’s Focus on the Buildout7:57 What Management Teams Are Saying About AI9:26 AI as a Brilliant but Erratic Employee10:19 Dispersion in How Companies Implement AI12:24 Senior Employees as the Real Guardrails13:42 Software Derating and the Market’s Broad Brush15:11 Why AI May Increase Demand for Outside Help16:48 Selling Headcount Versus Selling Accountability18:41 Final Thoughts on the Future of Demand for HelpImportant Disclosure: This communication was recorded on July 13, 2026 and contains the personal opinions, as of the date set forth herein, about the securities, investments and/or economic subjects discussed by Mr. Waldorf and Mr. Teeter. No part of Mr. Waldorf’s or Mr. Teeter’s compensation was, is or will be related to any specific views contained in this presentation. This communication is intended for information purposes only and does not recommend or solicit the purchase or sale of specific securities or investment services. Viewers should not infer or assume that any securities, sectors or markets described were or will be profitable or are appropriate to meet the objectives, situation or needs of a particular individual or family, as the implementation of any financial strategy should only be made after consultation with your attorney, tax advisor and investment advisor. All material presented is compiled from sources believed to be reliable, but accuracy or completeness cannot be guaranteed. © Silvercrest Asset Management Group LLC
