9 Questions on Artificial Intelligence for Wealth Management - Wealth Management Today

"I believe that by the end of the century, the use of words will have been altered so much that one will be able to speak of machines thinking without expecting to be contradicted." The foundation of AI started back in 1950 when scientist Alan Turing published a seminal paper containing a description of what is now referred to as the "Turing Test" which is designed to determine if a machine can think. A group of scientists got together at Dartmouth College a few years later and coined the term "artificial intelligence". Fast forward to this year and a panel discussion at the Invest 2017 Conference held in New York City on the ability of AI to revolutionize wealth management. Implementing AI technology is an offensive move all the way, Clinc's Mars stated.