Artificial intelligence has taken the consumer world by storm. But should this technology, in which machines mimic human intelligence to perform tasks, be applied to wealth management? Is it too early?
Some tech companies have started to work on applications for the advisor space. And Tim Welsh, Nexus Strategy president and CEO, believes AI will be the next big thing in wealthtech. Senior Tech Editor Davis Janowski agrees that AI will be big in this industry, but he argues that the tech is still in its infancy and that there’s still a lot of hype out there.
Who will win this debate? Tune in to find out.