Computers are slowly starting to replace humans in the financial industry.
Robo-advisors are already available, and may soon do the job of financial planners.
Algorithms manage unit trusts, and cryptocurrencies may soon replace fiat ones.
The future is now.
The Money Show’s Bruce Whitfield interviewed Galileo Capital Personal Financial Advisor Warren Ingram, who discussed the following:
What you, as an investor, should do about all this.
Costs to consider.
The question of independence of the robo-advisors or other high-tech services.
- Whether a service is real, or a disguised product push.
Listen to the discussion in the audio below (and/or scroll down for quotes from it).
A lot of us have very similar questions… and that can very easily be done by a well-trained algorithm.— Warren Ingram, Galileo Capital
Some people… want to sit across the table from somebody…— Warren Ingram, Galileo Capital
You get a natural sounding answer…— Warren Ingram, Galileo Capital
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