AI Robots To Manage $4.6 Trillion By 2022: Financial Services Risk Extinction In Age Of Tech
AiTHORITY, February 25th, 2020
February 25, 2020,
Volume 263, Issue 4

Industry leaders such as Blockbuster, Toys 'R' Us, Borders, and Pan Am all ignored warnings to pivot, then quickly failed to exist

Real Intelligence LLC, an authority on the dynamic American financial landscape, warns against behaviors that will lead uneducated and under-trained Financial Advisors into irrelevancy as AI rises

With the rise of zero-dollar commissions at custodians and low cost robo-advisors, the financial industry - and Financial Advisors - are at a competitive disadvantage to artificial intelligence. By 2030, an estimated 80 percent of heritage financial services companies will go out of business, struggle for relevance, fail to use technology to change their business model, or become commoditized.

Real Intelligence LLC, a financial services firm in Connecticut, is warning Financial Planners of this potential outcome plagued by technology enhancements, like robo-advisors. Real Intelligence, however, is executing a real-time solution that provides a patented dynamic mapping system in conjunction with human effort...

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