An Entire Profession WIPED OUT by Robots! Guess What It Is? Hint: Not Cashier’s or Drivers.

in dtube •  7 years ago 


You couldn’t even see it coming, but computer programs, algorithms, robotics, and automation have all been quietly working to become better than you. To be faster and stronger. To take everything humanity has done through civilization and learn it in minutes. Then expand on that, faster and faster, and before you know it, you’ve become obsolete.


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Sources Used in This Video:
https://goo.gl/UpprQe

Robo-advisory firms shake up The City - The Globe and Mail
https://beta.theglobeandmail.com/report-on-business/international-business/with-banks-prowling-robo-adviser-market-buyouts-could-soon-follow/article31935582/?ref=http://www.theglobeandmail.com&
Essential Portfolios - Robo Advisor | TD Ameritrade
https://www.tdameritrade.com/investment-guidance/investment-management-services/essential-portfolios.page
It Looks Like JPMorgan Is Building a Robo Adviser - Bloomberg
https://www.bloomberg.com/news/articles/2017-04-05/it-looks-like-jpmorgan-is-building-a-robo-adviser
Barclays Are the Latest to Jump on the Robo-Advisor Bandwagon | Home Business Magazine
https://homebusinessmag.com/money/personal-finance/barclays-latest-jump-robo-advisor-bandwagon/
Fidelity Launches Fidelity Go(SM) - Fidelity
https://www.fidelity.com/about-fidelity/individual-investing/fidelity-launches-fidelity-go
Financial advisors slow to train successors
https://www.cnbc.com/2014/05/01/financial-advisors-slow-to-train-successors.html
Montreal-based Element AI raises $135M from some high-profile tech investors - Technology & Science - CBC News
http://www.cbc.ca/news/technology/montreal-element-ai-102-million-funding-yoshua-bengio-1.4159602
What are robo advisors? - Business Insider
http://www.businessinsider.com/what-are-robo-advisors-2017-9


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What other professions will become OBSOLETE?

Hi David, too many crazies on your Youtube channel to reply there. So I am one of those guys. The robo-advisers are needed because there are not enough of us around, and if you don't have at least $1M of assets to manage, we can't afford to take you as a client. To be fair, the majority of advisers are no better than robots, but to be true not all advisers are the same. 6 years ago my advice was for clients and advisers to start mining or buying bitcoin. For the last 18 months has been to re-balance holdings to overweight precious metals and to avoid real estate like the plague. Just thought you might like to know some advisers think and advise in ways you would agree with

@themoneygps Your generate up is spectacular. Mad regard for sticking as a result of many of the hardships, Many of us would've Give up A great deal before. Upvoted.

They started with the stock traders and it is only natural that they will now go to the investment advisers. Next will be the mortgage advisors and so on. Imagine the wages that they will no longer be paying.

It'll happen to every profession eventually. But not every one is keen on using these....for now.