Editor's Note: A representative from Mashable's Branded Content team attended the Olay panel on a Global Skin Analysis Program at Mobile World Congress and gave a firsthand account of the event. This is where Olay premiered their Skin Advisor, which is a platform powered by artificial intelligence. Mashable's Chief Data Scientist, Haile Owusu, sat on this panel. I'd never really considered the myriad applications of artificial intelligence (AI) until I took my seat at the OLAY panel at Mobile World Congress in Barcelona. The subtle ways that AI is disrupting our lives are many and varied - and often in places you'd least expect.
I'd never really considered the myriad applications of artificial intelligence (AI) until I took my seat at the OLAY panel at Mobile World Congress in Barcelona. The subtle ways that AI is disrupting our lives are many and varied - and often in places you'd least expect. OLAY - and the broader beauty space - is one of these places. Do we all really understand what our skin needs? Here's where AI is really changing the game.
A new study examining what consumers think of technology in financial services finds the majority of Americans (88 percent) want technology to complement, not replace, the assistance of a human financial advisor. Only five percent state financial planning should be managed entirely by technology-based tools. The study was commissioned by MDRT and conducted online by The Harris Poll among over 2,000 U.S. adults. "Due to their experienced insight, expertise and personal touch, human financial advisors are still in high demand amidst the growth of robo technologies," "Despite that consistent demand, this study shows that it behooves advisors to continue to integrate innovative technology into their practice for continued growth and success." While 83 percent of Americans would trust a human financial advisor to effectively manage their financial plans, only 36 percent would trust the job to a robo advisor.
Robo advisors, a class of financial advisor that provide financial advice or investment management online with moderate to minimal human intervention, are growing in popularity. These provide digital financial advice based on mathematical rules or algorithms to automatically allocate, manage and optimize clients' assets. This allows these companies to provide more affordable and accessible services. Unlike conventional asset management services which require large amounts of investment capital, digital asset management services can be obtained starting with much lower investment capital, sometimes only a few hundred bucks, other times, a few thousands. The robo advisor develops a personalized portfolio for clients and then monitors it 24 hours a day, 7 days a week.