AI is playing an increasing role in investing, but tech-savvy investors have long sought to use the technology to their advantage, including in quantitative analysis, statistical analysis, and through neural networks meant to mimic human decision-making.
These days, AI is being embraced to help investors in a number of significant ways. First, AI is being used to provide personalized financial advice. While it may not offer the same personal touch as a human, AI tools, such as those used by Credit Karma, can help personalize financial advice based on demographics, investing style, and goals.