THIS TIME IS DIFFERENT ·
Subscribers

When robots take over your portfolio (and hopefully make you rich)

AI can take over certain functions such as crunching data. But ChatGPT says AI is unlikely to replace a human adviser

“As we enter the age of AI investing, it’s not hard to imagine a future where investors are replaced by robots. But what happens when those robots start investing in other robots? Are we headed towards a robot investing singularity, where machines are just trading stocks with each other in a never-ending cycle of profit and loss? One thing’s for sure we better hope those robots are better at investing than they are at dancing.

“And let’s not forget the inevitable rise of the AI investment banker. No more smarmy Wall Street types in expensive suits – just a room full of computers with fancy degrees from the Ivy League. Will they still be sending out ‘Happy Holidays’ cards and...

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes