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Commentary: Don’t Be Fooled by GenAI Financial Advisers

Summary by PressNewsAgency
This reality paved the way for cost-effective alternatives in the form of robo-advisers, such as Betterment and Wealthfront, with significantly lower AUM and no asset minimums. The companies sent shockwaves through the industry as many wondered if machines would finally usurp man. As years passed, it became obvious the two could have a symbiotic relationship. In fact, it turned out millennials ultimately did crave some soft skills, which led to …
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GenA.I. automates repeated tasks, but also creates new roles in technology. Upskilling and reskiling become priorities for adapting to new labour market requirements. In Romania, GenA.I. adoption is still unusual, but in private environment growth. By 2030, Artificial Intelligence will significantly change the labour market, showing a report made by the World Economic Forum in collaboration with PwC. GenA.I. affects approximately 25% of the jobs…

Genetic artificial intelligence (Genai) will transform the working mode in the next five years, affecting almost a range of jobs, 44% of the skills of employees and up to 40% of the hours worked at global level, shows a WEF and PwC report.

·Bucharest, Romania
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ZF.ro broke the news in Ilfov County, Romania on Friday, May 30, 2025.
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