Commentary by Gary Brackenridge, Global Head of Asset Management, Linedata on CNBC
- The asset management industry is vulnerable to disruption by artificial intelligence but advisors should embrace the trend, not fear “robotic replacement.”
- AI and machine learning are making inroads as asset managers realize that the ability to extract value from big data is going to be a key differentiator.
- Asset managers who can overcome “algorithm aversion” and pair AI strengths with their own will outpace less savvy competitors.
Read full article here.
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