(Credit: Shutterstock) The year is 2030. You’re in a business school lecture hall, where just a handful of students are attending a finance class. The dismal turnout has nothing to with professorial style, school ranking or subject matter. Students simply aren’t enrolled, because there are no jobs out there for finance majors. Today, finance, accounting, management and economics are among universities’ most popular subjects worldwide, particularly at graduate level, due to high employability. But that’s changing. According to consulting firm Opimas, in years to come it will become harder and harder for universities to sell their business-related degrees. Research shows that 230,000 jobs in the sector could disappear by 2025, filled by “artificial intelligence agents”. Are robo-advisers the future of finance?
Many market analysts believe so. Investments in automated portfolios rose 210 percent between 2014 and 2015, according to the research firm Aite Group. Robots have already taken over Wall ...
