According to this article in Harvard Business Review , “Robo-advisors, which were introduced in 2008, are steadily eating up market share from their human counterparts.” And if a study by Deloitte, which estimates that “assets under automated management” in the US will grow to $5 trillion to $7 trillion by 2025 from about $300 billion today, is anything to go by, we better get used to more automation in our lives.
Click to read more on the role of robo-advisors in corporate strategy.