Artificial intelligence will probably push many investors out of the asset management business, the same way index funds have, because it is so adept at absorbing data and seeing patterns, according to Oaktree Capital Management co-chairman Howard Marks.
Why this matters now: this topic is gaining momentum and can influence decisions quickly.
- Key point: Artificial intelligence will probably push many investors out of the asset management business, the same way index fund...
- Watch next: Follow updates from the original source for context changes.
- Impact: Useful for readers tracking global developments in real time.
Original source: Bloomberg
Comments
No comments yet. Be the first to share your thoughts.