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AI advisers can replace humans, says Chinese firm

The CEO of Polaris argues artificial intelligence will replace human advisers in financial planning, breaking from the consensus view that a hybrid model will prevail.
AI advisers can replace humans, says Chinese firm
Artificial intelligence (AI) could one day take completely over the role of the human financial adviser, predicts a digital wealth industry expert from China, breaking with the general consensus that a combination of man and machine will end up serving clients.  "In 20 years, people will become much more comfortable with the idea of receiving financial advice from fully automated advisers,” Zheng Yudong, CEO of Chinese digital wealth management and robo advisory firm Polaris, whic…
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