Using A.I. in Financial Services

Banking, Financial Services, Money

As another indicator, the vast majority of respondents to the 2014 Future of the Internet study did anticipate robotics and machine intelligence will permeate wide segment of daily life by 2025 with huge implications for a range of industries. Will the latest surge of AI applications in the financial services fall short again or will they this time truly transform the financial services industry?

Let’s say we entrust our personal finances wholly to machines. If we pursue their financial advice and we lose money on investments, who is to blame? How would we oversee these processes to prevent or correct mistakes?

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Gerd Leonhard

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