AI in Digital Wealth Management: Sniffing out investment opportunities

Economist Andrew McAfee concludes in his TedTalk "What will future jobs look like?" (already 3yrs old) that "The new'algorithm enabling' technology is here today, and banks could use it to fundamentally change the value proposition for their customers." "The future belongs to those that can recognize opportunities before they become obvious". Artificial intelligence, which encompasses these days all sorts of'algorithm enabling' technology, is creeping into our lives. Asset management and wealth management is no exception. Mentors at Fintech accelerators are advising entrepreneurs to drop the idea of creating the next Bloomberg and are suggesting a focus on AI finance.