Artificial intelligence and machine learning are still a coupleof years away from being really useful in financial planning,according to Tony Stich, director of global marketing at Advicent,a financial planning software provider. He noted that thetechnology is not intuitive enough yet for advisors' purposes.First, Stich believes, the “third wave of the internet will reallyhit the fintech space.”

The “third wave” refers to the ubiquitousness of the internet:The Internet of Things, for example.

“Over the next decade and beyond,” Steve Case, co-founder ofAOL, wrote for the Wall Street Journal in an April 2016 op-ed, “theinternet will rapidly become ubiquitous, integrated into oureveryday lives, often in invisible ways.”

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.