61% of asset managers say the technology will make their jobs safer
Senior executives at asset management firms are overwhelmingly positive about the benefits of artificial intelligence (AI) for enhancing their job security, new research from Clearwater Analytics shows.
While there is concern more widely that the technology may be responsible for reducing work for humans, 61% of senior executives at asset managers participating in the research, which covered a broad spectrum of fund managers including insurance asset managers, hedge funds, private markets specialists, and general asset managers, say AI will increase their job security.
However, more than a quarter (28%) of those surveyed concede AI will reduce job security and 1% say it will replace their role completely.


