Charles Schwab Offering AI-Powered Investment Service
Have $5k you want to invest, but not sure where to put it? Charles Schwab has the perfect investment option for the excited-about-self-driving-cars crowd: Intelligent Portfolios.
Pop on over to the site to get started. You’ll answer a short questionnaire, driven by a nicely done interface, answer questions mainly about your risk tolerance, set up your account, and then you’re off and running. Schwab’s investment algorithm will manage your dough for you.
Don’t go thinking this is a novelty, though. The days of your wetware, human-based investment decisioning are coming to an end. Those pesky mammals just can’t make decisions as quickly as an AI.