49 min
The Rise Of Robo-Advisors Tech Can't Save Us
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- Business
In 2010, high-frequency algorithms helped trigger a severe market crash, vaporizing roughly $1 trillion in a matter of minutes. Today, the volatility associated with the stock market has inspired banks such as JPMorgan to use machine-learning applications in some of their buy-side trading strategies. What is the role of automation in the world of wealth and investment management, and how is the rise of robo-advisors shifting the ground beneath our financial feet? Paul, Will, and Rebecca are joined by Steven Wang, founder and CEO of dub, to discuss wealth, investment, and the tech that’s taking finance to new heights.
In 2010, high-frequency algorithms helped trigger a severe market crash, vaporizing roughly $1 trillion in a matter of minutes. Today, the volatility associated with the stock market has inspired banks such as JPMorgan to use machine-learning applications in some of their buy-side trading strategies. What is the role of automation in the world of wealth and investment management, and how is the rise of robo-advisors shifting the ground beneath our financial feet? Paul, Will, and Rebecca are joined by Steven Wang, founder and CEO of dub, to discuss wealth, investment, and the tech that’s taking finance to new heights.
49 min