Are you ready to compete in a world where artificial intelligence and human ingenuity come together to create the workforce of the future?
In the last period we hear more and more talk about Artificial Intelligence and the strong impacts it is having, and, above all, that will have on industries.
Potentially all sectors are affected.
. Because each sector can benefit from the processing of large amounts of data and the resulting predictive capabilities. The list would be infinite. Just to give some examples: in finance, investments can be managed by digital platforms; in the agricultural sector, artificial intelligence can reduce waste and optimize irrigation systems. In the industrial sector, artificial intelligence can reduce costs and suggest solutions for a more efficient management of plants. In marketing, it is possible to propose targeted advertisements for individual users. In the health field, it translates into a tailor-made prevention and faster diagnosis. In the legal world it allows a faster analysis of contracts and codes. And then let's not forget about digital assistants, such as Siri or Amazon's virtual assistant Alexa.
One of the first reflections on the subject, undoubtedly concerns the risks related to employment. Artificial intelligence, combined with robotics, can effectively replace some tasks performed by man today. In some cases, where, for example, work is repetitive, this handover is already taking place. In others, artificial intelligence will never be a substitute for man, but a useful collaborator..
As for our industry, the question that arises is: “"If the next advice on how to invest our savings came from a computer, would we trust or remain tied to our financial advisor?".
The question is not trivial and even the experts have conflicting opinions: while on the one hand artificial intelligence allows to speed up and make the analysis of large amounts of data more rational, on the other we should ask ourselves if this cold rationality is always a good thing. How will the software behave, for example, in front of an ethical question? How will you evaluate the actions of a healthy company from the point of view of numbers, but which systematically violates workers' rights? Furthermore, long-term investments are often governed by completely human and seemingly irrational market logic.
In our opinion, artificial intelligence systems will hardly replace financial advisers, but will support them in their work by speeding up and simplifying the most operational activities and above all by allowing them to focus more on activities with greater added value and customer relations.
This is a challenge that professionals in the sector must seize, also looking at the moves of big internet players such as Google, Facebook, Apple and Amazon, which have now become metabank subjects.