Will AI Take My Job? What Investors Are Discussing at Summer Parties
07/04/2023 12:18
Potential disruptions from artificial intelligence and the risk of recession have many planning to save more this year.
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The topic of artificial intelligence is likely to crop up when financial professionals gather with their friends or families for July 4 cookouts, if the latest Markets Live Pulse survey is any indication.
About 40% of the professional investors anticipate AI will come up over burgers and beer on the US holiday; 30% of retail investors agree. While the most visible impact of AI is the flood of money into tech stocks, the technology is also mentioned as something that could disrupt the wealth management world.