• Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
placeholder-661-1.png
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine
placeholder-661-1.png

People prefer Robots to Humans for Managing Finances

A survey says that humans prefer robots to humans for financial management. This belief is because robots are essential for a few key tasks.

This pandemic situation has totally changed the people’s perspective of life. Their decision making and priorities have been changed. Most importantly, their ability to deal with financial matters have been changed.

YOU MAY ALSO LIKE

US Grants $362 Million Loan to CelLink Corp: A Boost for Electric Vehicle Manufacturing

Meta Platforms Unveils Llama 3 and Enhanced AI Assistant Amidst Generative AI Race

Faith of companies and individuals is shifting more towards the artificial intelligence and robots in the recent days. This has been stated by the study conducted by Oracle. Particularly after the pandemic, people are more interested in gadgets and online activities. This resulted in the booming use of artificial intelligence in the field of financial activity management and implementation.

In 14 countries, with over 9000 people, a study has been conducted. The results of very much surprising. This study revealed that for financial purpose 67 percent of respondents trust artificial intelligence more than humans, 60 percent would rather trust a robot with their finances than themselves and then 77 percent trust robots more than their finance team.

Robots are necessary and well versed for tasks such as approvals, budgeting, forecasting, reporting, compliance, and risk management. This is the belief of majority of people in the survey. Interacting with clients, negotiating, discounting, and approving transactions are some of the humanly activities. These requires humans rather than robots. This was the completely analyzed report given by the survey.

Tags: Artificial IntelligenceFinTechRobots

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Walmart Reinstates Minimum Basket Fee for Assistance Program Customers Amid Spending Concerns

Walmart Reinstates Minimum Basket Fee for Assistance Program Customers Amid Spending Concerns

British Stocks Experience Gains Following Automotive Tariff News

British Stocks Experience Gains Following Automotive Tariff News

ECB Sets Up Task Force to Examine Simplification of European Banking Regulations

ECB Sets Up Task Force to Examine Simplification of European Banking Regulations

Sterling Strengthens to Seven-Month High Amid Weakening Dollar and Fed Concerns

Sterling Strengthens to Seven-Month High Amid Weakening Dollar and Fed Concerns

Micron’s Business Restructuring Aimed at Capturing AI-Driven Cloud Memory Demand

Micron’s Business Restructuring Aimed at Capturing AI-Driven Cloud Memory Demand

U.S. and Japan Near Interim Trade Pact as Major Issues Remain Unresolved

U.S. and Japan Near Interim Trade Pact as Major Issues Remain Unresolved

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

Recent News

Walmart Reinstates Minimum Basket Fee for Assistance Program Customers Amid Spending Concerns

British Stocks Experience Gains Following Automotive Tariff News

ECB Sets Up Task Force to Examine Simplification of European Banking Regulations

Sterling Strengthens to Seven-Month High Amid Weakening Dollar and Fed Concerns

Micron’s Business Restructuring Aimed at Capturing AI-Driven Cloud Memory Demand

Categories

  • Banking
  • Business
  • Events
  • Finance
  • Blogs
  • Fintech
  • Forex
  • Insurance
  • Technology
  • Videos

Social Media

COPYRIGHT © 2020-2025 GLOBAL BUSINESS REVIEW MAGAZINE LLC - ALL RIGHTS RESERVED

  • About Us
  • Contact Us
  • Advertise With Us
  • Privacy Policy
  • Disclaimer
  • Terms & Conditions
No Result
View All Result
  • Home
  • Banking
  • Finance
  • Technology
  • FinTech
  • Business
  • Videos
  • Events
  • Awards
  • Magazine

Copyright © 2025 Global Business Review Magazine - All Rights Reserved.