How AI Is Impacting Wealth Management

[@MarkCochran888]

4 years in the trenches reminds me of 25% of my life overseas. AI methods have already helped me.

[@normanoro206]

This is interesting. I don't know much about the wealth management industry, but it does seem that there's an opportunity if you can create a service that provides highly customized wealth management at scale using artificial intelligence and really granular data. The final point in the interview was perhaps the most striking. How do you safeguard data from high-net-worth clients, much of which may be extremely sensitive? There probably isn't much room for error in the minds of clients; and a data breach would do great harm not only to them but also of course to the firm entrusted with that information. Given that, it makes sense that it sounds like Farther is keeping that data completely in-house for the time being.

[@susanelizabeth2222]

In another Bloomberg post, the use of AI to protect data bases from scammers was touted. BTW: I have some land in Florida I can sell you. Currently underwater, but soon to be available.

[@ShahzainAli-tl8sk]

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[@naviruminc206]

Agreed, building solutions that are compliant with privacy regulations will need to be over come.

[@อนรรฆวรรณภาสชัยยง]

Say a lot and say nothing at the same time. Oxymoron.

[@Charlesragnick]

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[@Charlesragnick]

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[@JamesMullarneyIsAFraud]

Gensler wrote a paper on bitcoin and never owned or sent any. 😂😂. I wouldn’t get too excited about his papers

[@TheGuillotineKing]

Fun Fact Google had a AI that invested money everyday and made money everyday but google shut it down because they didn't know how it made money

[@muwaten8247]

🧐 ..