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Banks adopting AI?


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  #1 (permalink)
cotradetech
Romania
 
Posts: 25 since Apr 2016
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Does this mean one can invest the hard earned money with a bank and no more human errors can yield steady predefined yearly returns or does the theft hit the sky limit?

https://futurism.com/an-ai-completed-360000-hours-of-finance-work-in-just-seconds/


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  #2 (permalink)
cotradetech
Romania
 
Posts: 25 since Apr 2016
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Or hedge funds?

https://futurism.com/the-future-of-investing-ai-run-hedge-funds/

Will this business be lucrative going forward?


Sent from my iPad using NexusFi


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  #3 (permalink)
DarthJewel
London
 
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cotradetech View Post
Does this mean one can invest the hard earned money with a bank and no more human errors can yield steady predefined yearly returns or does the theft hit the sky limit?

https://futurism.com/an-ai-completed-360000-hours-of-finance-work-in-just-seconds/

That only means that the banks will be richer not any of us.


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  #4 (permalink)
cotradetech
Romania
 
Posts: 25 since Apr 2016
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DarthJewel View Post
That only means that the banks will be richer not any of us.

And in greater detail how is this going to happen?


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