AI The Future Of Investing? Yes, but…
Opinion: artificial intelligence, active indexing, robo-advisors will continue to grow. It would be crazy for this to not occur.
AI learns constantly
Humans believe in Numeratorville, which is fine, except it requires that the denominator is stable and lower.
Machines don’t get married to a losing position, it coldly sells if it determines that a security or strategy doesn’t work, or if something has fundamentally changed.
That doesn’t mean that the transition will be simple. The entire advisory business will not go down without a fight. And then there’s this.