The Dawn Of Autonomous Finance
Summary
People’s lives are becoming ever more automated as millions of algorithms make decisions and take actions on consumers’ behalf. This shift toward autonomous services is starting to happen in financial services with automated investment management, savings, and payments. Algorithm-based services reduce the cognitive load on the individual user and aim to improve financial outcomes. This report looks at the driving forces behind autonomous finance, the state of consumer demand and firms’ offerings, and the future of autonomous finance.
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