This is a Wealthfront news story, published by MSN, that relates primarily to AI news.
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financial investment industryUsnews
•88% Informative
91% of financial services firms are either already using AI or are planning to do so as of early 2024 .
Investment firms are seeing a profound impact across several key areas of investment management.
BlackRock is deploying its Aladdin AI technology to analyze data and provide portfolio insights.
JPMorgan Asset Management is also leveraging AI to automate risk modeling, research and portfolio optimization.
Investment firms are using artificial intelligence in a way that many workers have feared most: as a job-replacement strategy.
Goldman Sachs has already reported that artificial intelligence will likely expose 300 million jobs to automation on a global basis.
Goldman recently introduced its new generative AI platform, GS AI .
Fidelity is emphasizing human-centric applications when using the technology.
Wealthfront has expanded its AI -based asset management services.
Path offers clients tailored guidance across household investments, from home mortgage management to retirement planning.
VR Score
89
Informative language
91
Neutral language
36
Article tone
formal
Language
English
Language complexity
72
Offensive language
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
medium-lived
External references
14
Source diversity
5
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