Digital love at first sight. Ten milliseconds: The time of a flash crossing the sky … and, theoretically, that necessary for a language model to generate a heritage recommendation on your life insurance. The algorithm writes faster than we blink, but the real question is not how long he puts, rather Or He leads us.
Supersonic, but not lonely. The advocal robots do not date from yesterday. They already manage $ 1,800 billion in assets in 2024 and will spin around 2,300 billion in 2028. However, even among Wall Street giants, the PUR automaton showed its limits: Goldman Sachs ceded in 2024 its Robo Marcus Invest in Betterment, turning the page of an never profitable adventure. The lesson? Speed without confidence is worth nothing. The market has therefore changed to hybrid: humans with rudder, engine machine. 63.8% of the sector’s income now comes from these mixed solutions.
GPT enters the market room
When Morgan Stanley connects GPT-4 to its documentary base, 98% of its teams adopt it daily. Access to information jumps from 20% to 80%, the search time collapses. The robot no longer speaks instead of the advisor, it whispers in the ear. AI becomes an intellectual exoskeleton: it carries the charge of calculation, the human retains the load of meaning.
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Regulation: the compulsory parachute
Brussels sounded the recall: AI Acts classified the financial uses of the AI in the “high risk” category. Coming into force in August 2024, complete application in 2026. At the same time, the Bank of International Regulations (BRI) provides that banks will have to triple their IA investments by 2030, up to $ 85 billion for the “generative” alone, while maintaining humans In The Loop. Speed without this regulatory parachute would be a jump from the angel in the legal vacuum.
Automatic management temptation
Barely one in five investor has already used a robo-advisor. Among the Millennials, 41% say they are ready to entrust their money to an AI, against 14% in baby boomers. The “generation war” points: those born with a smartphone find it natural to dialogue with a robot, the others want to meet the gaze of their advisor before signing.
Why the human remains capital
“Finance is a marathon dotted with algorithmic sprints”. The philosopher Frank Knight recalled in 1921 that real uncertainty has no probability. Blaise Pascal opposed spirit of finesse And geometry spirit. AI excels in geometry – the titanic combinatorial of volatile markets -, but savings of a life also feeds on finesse: preferences, emotions, values, transmission projects. Empathy is not yet quantified in milliseconds.
Educate, not delicate responsibility
A language model can explain a PER, detail a beneficiary clause, simulate a partial redemption. But if the saver lacks the basics to judge the council, the automation creates an asymmetry. Financial literacy and increased fiduciary duty will therefore be both legs to run the code of the code.
Ten milliseconds which are double, for life insurance
Yes, your life insurance may receive an arbitration in ten milliseconds. But the speed without the direction leads into the wall. These ten milliseconds will only make sense if the machine provides the computing power and the human the CAP – Pedagogy, Confidence, Responsibility. In other words: GPT-FINANCE does not abolish the advisor, he increases it. The promise is therefore not “less human”, but better of human, supported by a digital turbo. On this condition, the ten milliseconds will become a time saving … not a loss of meaning.
