The attractions of robo-advice should be obvious to most financial services providers but what is considerably less clear, writes Tim Sargisson, is how to deal with the challenge of building scale
Stifle a collective yawn, if you can, but ‘the robots are coming' is news again. Channel 4 has a new series, The Rise of the Robots, which will look at where intelligent robots interact with us as equals. Meanwhile, one national newspaper recently published an article that featured a piece of research by Oxford University highlighting those jobs most at risk of automation. Financial advisers are apparently 58% at risk - though spare a thought for the humble accountant, where there is a 94% chance of being replaced by a new breed of automated auditing and associated number-crunching proce...
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