'Robo-advisor' growth hits Wall Street money managers
When it comes to investment advice, would you trust a financial professional or a robot?
When it comes to investment advice, would you trust a financial professional or a robot?
Hi Tech & Innovation
Mar 22, 2015
2
416
Large Language Models (LLMs) like ChatGPT are shaking up the world of finance. Morgan Stanley is testing an OpenAI-powered chatbot to assist their financial advisors. The bot, trained on the bank's own research reports, offers ...
Economics & Business
May 23, 2023
0
23
Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources, according to a new RAND Corporation report.
Social Sciences
Dec 8, 2022
0
24
Employees or managers who view themselves as professional are more vulnerable to unethical behavior such as conflicts of interest, a new Cornell study finds.
Social Sciences
Feb 9, 2022
0
62
People borrowing money for the first time should only be given small amounts until they have proved their competence, a new study says.
Economics & Business
Nov 30, 2020
0
1
Parents offering their children a leg-up on the property ladder are at increased risk of financial elder abuse, according to a new study published in the Australian Journal of Social Issues.
Social Sciences
Feb 22, 2024
0
8