Artificial intelligence (AI) has been a buzzword in the tech industry for years, but its potential impact on finance is only just beginning to be realized. With the rise of AI-powered algorithms and bots, the future of money management is set to be transformed.
One of the most significant ways in which AI is changing finance is through the use of algorithms. These complex mathematical models can analyze vast amounts of data and identify patterns that humans might miss. This allows them to make predictions about future market trends and adjust investment strategies accordingly.
Algorithms are already being used by hedge funds and other financial institutions to make investment decisions.