Artificial Intelligence- Powered Competency Framework for Robo- Advisory Services in the Era of Digital Economy
Debanjalee Bose, Kandaswamy Sakthi Srinivasan · 2024
The integration of artificial intelligence and the digital economy has given rise to AI-powered robo-advisory services, redefining how investment advisory is conducted. The research paper delves into a critical aspect of this paradigm shift by evaluating the competency framework that underpins the efficacy of AI-powered robo-advisory services. The study assesses the intricate interplay of skills necessary for successful robo-advisory operations. By examining how these competencies converge, the paper sheds light on the potential of AI-powered advisory services to drive efficient and personalized financial decision-making. Finally, this paper not only contributes to a deeper understanding of the dynamic relationship between AI and finance but also provides valuable insights for shaping the future of investment advisory in the digital economy era.