Most institutional investors predict AI will supplant traditional investment jobs by 2018, according to a survey by Fidelity. More than a third of the 905 respondents said AI would enable them to create investment portfolios without the involvement of asset managers and about two-thirds believe the technology will augment traditional investment roles. Only 10% had already implemented AI into their investment processes, the survey found.
Most institutional investors predict AI will supplant traditional investment jobs by 2025, according to a survey by Fidelity. More than a third of the 905 respondents said AI would enable them to create investment portfolios without the involvement of asset managers and about two-thirds believe the technology will augment traditional investment roles. Only 10% had already implemented AI into their investment processes, the survey found.