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Due to over-regulation in the Financial Planning Sector most CFP (Certified Financial Planners) cannot afford to take clients who have less than $500,000 in net worth. This now leaves a huge gap in the market and means most in the Middle Class are left in the cold. The following article will lead us through the theme Will artificial intelligence pricing software companies market markers?
To fill these gap financial firms have developed RoboAdvisors which uses false intelligence to help people determine how best to invest their money and develop their financial retirement portfolio based on their income, risk aversion, lifestyle, and time until retirement. On the surface, this sounds like a sound solution, but it's not without its own set of challenges - one of which I'd like to discuss here today.
Activities such as setting up multi-dimensional charts of data summary (known as "slicing and dicing") or moving to lower levels of detail and back again to highly summarized versions (known as drill-down and drill-up), using tools to create graphical representations of the Cube data, with a great many formats from which to choose.
Furthermore included is an installation guide in the form of a 78 page eBook along with in-depth step-by-step directions on the installation and setup of the robot, as well as a section on how to carry out back testing next to historical data. By the company website, the price is USD 97, with no subscriptions or on-going expenses of any kind.
A veritable gold mine of such gems lies hidden and largely unexplored in the "exploding" mountains of data that have accumulated in businesses since the price of storage came tumbling down. It seems that IT organizations have been hanging onto data, keeping it in cold-storage, knowing that there will come a time when it will be of benefit.
This is analogous to the hopefuls who upon departing this world, have their brain frozen, awaiting the emergence of technologies that can bring it back to life, perhaps with an artificial body. Business Intelligence is the technology that allows corporations to unfreeze their data assets, bringing them back to a much more useful life than before. A New Era for Information Usage?
Early in the eighteenth century, inventors were making discoveries about heat, energy, and motion. There rapidly changed steam-driven locomotion (railways) and driving locomotives and giant control plants for making every machine in a sweatshop turn and churn ceaselessly. Spinning cotton, weaving cloth, cutting and shaping iron and then steel. The Industrial Revolution was born. Mills and factories sprung up all across the coal-rich fields of Northern England (this writer's birthplace - although a little later).
Yes, the big banks want a piece of the financial advisor sector, and they have lots of low net worth customers who they rake over the coal with fees, but killing the human kind of advisor for a RoboAdvisor isn't helping anyone, it's just killing more jobs and giving consumers fewer choices, all the while distorting markets - dumb. Meanwhile, as I pinned this article, I received an email news alert from our local county Economic Development Council - we lost 100 jobs in the category of financial advisors in the last quarter, and mind you that's only our little county with less than 1-million in population.
To fill these gap financial firms have developed RoboAdvisors which uses false intelligence to help people determine how best to invest their money and develop their financial retirement portfolio based on their income, risk aversion, lifestyle, and time until retirement. On the surface, this sounds like a sound solution, but it's not without its own set of challenges - one of which I'd like to discuss here today.
Activities such as setting up multi-dimensional charts of data summary (known as "slicing and dicing") or moving to lower levels of detail and back again to highly summarized versions (known as drill-down and drill-up), using tools to create graphical representations of the Cube data, with a great many formats from which to choose.
Furthermore included is an installation guide in the form of a 78 page eBook along with in-depth step-by-step directions on the installation and setup of the robot, as well as a section on how to carry out back testing next to historical data. By the company website, the price is USD 97, with no subscriptions or on-going expenses of any kind.
A veritable gold mine of such gems lies hidden and largely unexplored in the "exploding" mountains of data that have accumulated in businesses since the price of storage came tumbling down. It seems that IT organizations have been hanging onto data, keeping it in cold-storage, knowing that there will come a time when it will be of benefit.
This is analogous to the hopefuls who upon departing this world, have their brain frozen, awaiting the emergence of technologies that can bring it back to life, perhaps with an artificial body. Business Intelligence is the technology that allows corporations to unfreeze their data assets, bringing them back to a much more useful life than before. A New Era for Information Usage?
Early in the eighteenth century, inventors were making discoveries about heat, energy, and motion. There rapidly changed steam-driven locomotion (railways) and driving locomotives and giant control plants for making every machine in a sweatshop turn and churn ceaselessly. Spinning cotton, weaving cloth, cutting and shaping iron and then steel. The Industrial Revolution was born. Mills and factories sprung up all across the coal-rich fields of Northern England (this writer's birthplace - although a little later).
Yes, the big banks want a piece of the financial advisor sector, and they have lots of low net worth customers who they rake over the coal with fees, but killing the human kind of advisor for a RoboAdvisor isn't helping anyone, it's just killing more jobs and giving consumers fewer choices, all the while distorting markets - dumb. Meanwhile, as I pinned this article, I received an email news alert from our local county Economic Development Council - we lost 100 jobs in the category of financial advisors in the last quarter, and mind you that's only our little county with less than 1-million in population.
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When you are looking for information about artificial intelligence pricing software companies, come to our web pages today. More details are available at http://www.price.ai/apps now.
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