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BT Future of Finance Podcast: AI can cover human bias and emotions in investing

AI can never emulate the empathy, true care, commitment and passion of humans, according to UOB's Abel Lim. PHOTO: UOB

Can artificial intelligence (AI) really manage your money safely and can it be trusted to make those big financial decisions with you? Would you even want it to?

The future of finance certainly looks exciting and, perhaps, polarising at the same time. More insights from Abel Lim, head of wealth management advisory and strategy, UOB.

Synopsis: The Business Times Branded Podcasts; finely curated, intelligent, thought provoking content for decision-makers. Inspired by the newsroom of your trusted partner.

Follow on audio apps Apple Podcasts, Spotify and Google Podcasts, or Google Home smart speaker devices. Produced by The Business Times, SPH Media Trust.

This episode of Future of Finance podcast is presented by UOB.

Highlights:

1:04 Demand evolution for wealth management

3:21 Impact of AI and ML on wealth management

5:18 UOB’s PAT

7:53 Do wealth advisors have a place?

8:53 AI, ML and humans a win-win for all

10:43 Staff embrace AI powered tools

12:32 Humans’ indelible advantage over AI

More about:

UOB

https://www.uobgroup.com/uobgroup/index.page

UOB: Macro Outlook

https://www.uob.com.sg/uobgroup/research/digital-assets.page

UOB: Corporate & Institutional Banking

https://www.uob.com.sg/corporate/index.page

Written and hosted by Howie Lim (howielim@sph.com.sg)

With Abel Lim, head of wealth management advisory and strategy, UOB

Edited by: Howie Lim & Claressa Monteiro

Recording engineer: Joann Chai Pei Chieh

Produced by: BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

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Discover more BT podcast series:

BT Mark To Market Podcast at: bt.sg/btmark2mkt

WealthBT at: bt.sg/btwealthbt

PropertyBT at: bt.sg/btpropertybt

BT Market Focus at: bt.sg/btmktfocus

BT Podcasts at: bt.sg/pcOM

BT Lens On: bt.sg/btlenson

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