The future role of AI in finance

The general consensus appears to be leaning towards the idea that artificial intelligence can replace the role of human financial advisors and therefore, those in the industry must adapt or risk getting left behind. But before jumping to that conclusion, it's worth exploring some important questions: what's next, what is needed and who needs it? And, perhaps crucially, whether AI will ever remove the need for human advisors in the financial industry. AI transforming financial sector Business leaders have revealed that the use of technology including AI plays a significant role in filling gaps within financial services offerings. Jim Pendergast, Senior Vice President and General Manager at AltLINE by The Southern Bank, has said that AI can improve the consistency of financial advice.