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There’s a mismatch at big US investment firms on the importance of AI, and it could highlight a level of ‘complacency’





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  • While artificial intelligence is all the rage, few big US funds are testing it out, according to a new report from Fidelity.
  • Investors have high hopes for how AI can augment, not replace, investment activities.
  • Investors’ complacency could be part of the problem, said one asset management executive.

Everyone’s talking about artificial intelligence – but big US investment funds aren’t yet keen to try it out, according to a new study.

About 71% of US-based firms are not currently testing or considering how AI and advanced analytics can be applied to their investments, said a Fidelity survey of over 900 institutional read more >>>

Source:: BusinessInsider.Com

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