Technologies that are Disrupting the Future of the Wealth Industry


Technology has been disrupting every industry, and the wealth management industry is no exception.

The bellow are the highlights of the interview with Insights Success  a business solutions.

According to Rich Topia, there are 11 technologies and innovations disrupting the world as we know it: artificial intelligence (AI), the Internet of Things (IoT), space colonization, 3D printing, medical innovations, high-speed travel, robotics, blockchain technology, autonomous vehicles, advanced virtual reality VR), and renewable energy.

Artificial Intelligence, Data Analytics, and Robo-Advising

The robo-advising industry is booming. The industry is already worth more than $460 billion, and analysts expect it to reach $1.2 trillion in 2024.

It remains to be seen how far robo-advisors will take AI in the future. What cannot be denied is that robo-advisors are already making an impact in the wealth management industry by using machine learning and AI technologies.


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