Thursday, 25 September, 2025
AI-Powered Chatbots Fuel Explosive Growth in Robo-Advisory Market
Retail investors are increasingly turning to AI tools like ChatGPT and Gemini to pick stocks, sparking rapid growth in the robo-advisory sector. Forecasts show the market expanding from about $62 billion today to nearly $471 billion by 2029. While around half of investors express willingness to use AI for portfolio decisions—and ~13% already do—experts warn against over-reliance, citing risks like data gaps, generic analysis, and weak resilience in market downturns.
Read full story at Economic Times