Wealth managers are ditching clients with M or less in assets, handing them over to AI instead. The mass affluent now get private-banking quality service from chatbots, while the truly rich keep their human advisors. Banks are hiring for new roles: automation specialists, behavioural data scientists, and human-in-the-loop oversight professionals. https://gizmodo.com/are-you-mass-affluent-not-truly-rich-sorry-your-wealth-manager-might-be-ai-now-2000775003 #AIagent #AI #GenAI #Workforce
Are You ’Mass Affluent’ Not ‘Truly Rich’? Sorry, Your Wealth Manager Might Be AI Now

The world of finance is automating, but if you're rich enough, it's reportedly more human than ever.

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