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Will Artificial Intelligence Create a ‘Useless Class’ of Financial Professionals?

View an extract of this session held at the Generation AI: The New Data-Driven Investor event in September 2018. You can also access the full video.

Abstract

Are machines likely to become smarter than humans? Is Artificial Intelligence (AI) creating a “useless class” of investors and traders? It isn’t hard to miss the warnings. In the race to make computers more intelligent than us, we are bringing forth the end of days of the traditional investor. In this panel, we debate whether finance professionals will be pushed out of employment by intelligent machines. - What should we do with all the superfluous brokers, bankers, and traders once we have highly intelligent algorithms that can do almost everything better than they can? Consequently, will new professions emerge and what will they look like? Will these new jobs be completely reliant on AI and will people lack the basic ability to make their own decisions? What skills will people need to reinvent themselves quickly enough to survive in the industry?

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