AI in Finance: "AI to Close 1 in 6 Wealth Management Firms"
AI Chat: ChatGPT, AI News, Artificial Intelligence, OpenAI, Machine Learning
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Introduction
This chapter explores the competitive nature of the wealth management industry and discusses the predicted impact of AI, including the potential acquisition or closure of one in every six wealth management firms in the next five years. The host emphasizes the importance of AI-driven models for wealth building and retirement planning and highlights the integration of AI innovation into current solutions.
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Transcript
