A recent survey by ING reveals that despite the marketplace hype around robo-advisors, European investors remain cautious about their use. Interestingly, investors were more willing to accept automated financial advice rather than investment decisions from these emerging technologies. Overcoming this trust barrier is not new for fintechs, but as robo-advisors grow to become a major force in the market, these concerns will need to be designed for and addressed.
Will AI Make Financial Services Marketing Obsolete?
With the rate Artificial Intelligence is advancing, it's probable there will be no need for marketing in Financial Services within the next two decades. Let's unpack that potentiality together, shall we? In order to get there, we need to start here, with futurist Maurice Conti and his February 2017 TEDTalk on The Incredible Inventions of Intuitive AI.
The U.S., Canada and Mexico are buying more job-killing robots than ever before
First-quarter sales in 2017 jumped 32 percent from the same time last year.