What does AI financial planner mean?

AI means artificial intelligence, and the simplest explanation is a method of specifying operation data for computers, which is realized by computers instead of manual work. His advantage is that in the process of implementation, subjective factors are avoided to the maximum extent, and the operation plan given in the previous period is unswervingly implemented; The disadvantage is that you can't be quick, flexible and active in the implementation process, and you can't predict the next step, especially the unexpected situation that you haven't seen in the operating procedure, which leads to unpredictable results!

Among financial instruments, two data models, stock and fund, have been produced and applied in earlier years. Taking stocks as an example, the industry calls it "programmed trading". At present, computers control a large number of stocks without human intervention, and complete hundreds of transactions every day, usually for a few days to weeks. For the employees of the company, it is only necessary to set some indicators of the transaction, such as time, rate of return, risk index and so on. You can leave the rest to the machine.

In fact, quantitative investment based on big data accumulation and intelligent algorithms is not new in the financial sector. With the continuous progress of Internet and computer technology, financial institutions are exploring the closer combination of artificial intelligence and investment business. Looking around the world, large financial institutions such as Morgan, Goldman Sachs and Bank of Montreal have laid out smart investments. In the domestic market, Internet finance companies are also scrambling to increase R&D investment in smart investment. For example, give money to robots without manual operation. Based on the investor's personal asset status and risk preference, the machine matches the corresponding asset allocation scheme and provides asset allocation suggestions; Or, use the deep research and development of technology and data mining accumulation to provide investment decision-making assistance services. This is the concept of AI financial planner.

Objectively speaking, at present, the programmed transaction in the world has not been fully formed. Although the machine avoids the possible influence of subjective and emotional bias factors, and has strong information reserve management ability, accurate rational analysis and high-speed decision-making, it improves the efficiency and quality of transactions. However, in the long run, the developers of artificial intelligence cannot predict the next decision of machine data, which leads to the uncertainty of investor risk. The regulatory framework of data privacy and data desensitization is still true, and the protection of personal privacy needs to be improved.

In general, artificial intelligence is a trend. With the continuous thinking and research and development of human beings, artificial intelligence will eventually completely replace labor in some industries and fields.