Allocators must not use AI for core risk questions, Hill says
Laura Hill · AI in the Investment Office – Abby Barlow, Laura Hill, Brian Sugrue, Jenny Heller, John Lawrence, Matt Bank, Kristin Kallergis Rowland, Jon Webster (EP.515) · Sep 14, 2026 · at 13:41
Laura Hill is the CIO of Advocate Health, overseeing a $26 billion healthcare endowment. She discusses establishing operational boundaries around artificial intelligence in capital allocation.
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“To me, the purpose of an investment memo is to sit down and make yourself think, what are the bets I'm taking? What would make this blow up? If we come back for a re-up in three or four years, what would make us pause or what could have gone wrong? I absolutely do not want AI doing that. Let AI help you format it or make it look pretty or add some graphics. It should not be helping you answer that core question of looking around the corner.”
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