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AI and Retirement – How It Will Affect Your Retirement Savings
By Carolyn Young
Artificial Intelligence (AI) is impacting humans more than any of us realize. It’s being used by marketers to gain customer insights, by manufacturers to automate processes, and by many businesses to analyze data and improve efficiency.
AI’s ability to rapidly analyze large amounts of data has also given it a huge role in the financial industry, and thus can impact your retirement savings in a variety of ways. In fact, AI is being used most by the banking and securities industry more than any other, with 21% of all AI spending coming from those industries in 2021.
Here we’ll look at the role AI is playing in retirement planning and portfolio management.
Source @Entrepreneur
