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AI can cover human bias and emotions in investing: BT Future of Finance (Ep 3)

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Can AI really manage your money safely and can it be trusted to make those big financial decisions with you? Would you even want it to?

The future of finance certainly looks exciting and, perhaps, polarising at the same time. More insights from Abel Lim, head of wealth management advisory and strategy, UOB

Synopsis: The Business Times Branded Podcasts; finely curated, intelligent, thought provoking content for decision-makers. Inspired by the newsroom of your trusted partner.

Follow on audio apps Apple Podcasts, Spotify and Google Podcasts, or Google Home smart speaker devices. Produced by The Business Times, SPH Media.

This episode of Future of Finance podcast is presented by UOB.

Highlights:

01:04 Demand evolution for wealth management

03:21 Impact of AI and ML on wealth management

05:18 UOB’s PAT

07:53 Do wealth advisors have a place?

08:53 AI, ML and humans a win-win for all

10:43 Staff embrace AI powered tools

12:32 Humans’ indelible advantage over AI

More about:

UOB

https://www.uobgroup.com/uobgroup/index.page 

UOB: Macro Outlook

https://www.uob.com.sg/uobgroup/research/digital-assets.page

UOB: Corporate & Institutional Banking

https://www.uob.com.sg/corporate/index.page

Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Abel Lim, head of wealth management advisory and strategy, UOB

Edited by: Howie Lim & Claressa Monteiro

Recording engineer: Joann Chai Pei Chieh

Produced by: BT Podcasts, The Business Times, SPH Media

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Follow Future of Finance podcasts:

Channel: bt.sg/btbrpod

Apple Podcasts: bt.sg/bpap

Spotify: bt.sg/bpsp

Google Podcasts: bt.sg/bpgo

Website: bt.sg/brpod

Feedback to: btpodcasts@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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Discover more BT podcast series:

BT Money Hacks at: bt.sg/btmoneyhacks

BT Mark To Market at: bt.sg/btmark2mkt 

WealthBT at: bt.sg/btwealthbt

PropertyBT at: bt.sg/btpropertybt

BT Market Focus at: bt.sg/btmktfocus

BT Podcasts at: bt.sg/pcOM

BT Lens On: bt.sg/btlenson

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