They were already replaced nearly 50 years ago when index funds were invented. There’s tons of data showing that financial advisors perform worse than a simple low fee index fund.
Sure, until it’s just AIs running markets, and then companies. Neuromancer is literally about AIs running massive multi-generational businesses. And then super fast whatever the best AI is pursues instrumental convergence to completion
Honestly these guys would be the easiest shit for AI to replace right? Even if the AI just picks ETFs it’ll beat most of them anyways
They were already replaced nearly 50 years ago when index funds were invented. There’s tons of data showing that financial advisors perform worse than a simple low fee index fund.
Sure, until it’s just AIs running markets, and then companies. Neuromancer is literally about AIs running massive multi-generational businesses. And then super fast whatever the best AI is pursues instrumental convergence to completion
https://en.m.wikipedia.org/wiki/Instrumental_convergence
https://m.youtube.com/watch?v=rgrCG8PT6og
deleted by creator