With the rise of emerging technologies such as artificial intelligence, blockchain, cloud computing, and big data, the financial industry is entering a new stage of combining finance and technology-the stage of smart finance .
Artificial intelligence in banking.
So, in the field of financial investment, what does artificial intelligence bring to it?
Changes are taking place. For example, public fund investment advisory pilots are continuously being implemented, and major financial institutions and Internet finance companies are launching their own robo-advisors.
Compared with traditional investment, the combination of artificial intelligence and financial investment has obvious advantages . Because of its extremely low cost of replication, promotion and operation, it is very suitable for the penetration of large-scale customer groups ; more importantly, in the financial market, such a market is often affected by humans. Where rational emotions dominate and lead to the intensive occurrence of wrong decision-making behaviors, machines tend to perform more steadily because of their rational emotion control and rigorous logical reasoning . This advantage makes the combination of the two extremely imaginative.
AI consulting firm are bringing the innovation in the field of banking and finance.