Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Comment
Srikanth Subramanian

Never cognitive surrender: Wealth management wins when AI ‘second opinion’ sharpens human judgement, not replace it

Satya Nadella has spent the past year telling the world that AI is a bicycle for the mind, an amplifier of human capability, not a replacement for it. Some companies aren't so sure investors are using it that way. A July Barclays report, 'When Decisions Become Too Easy: AI and Investors' Judgement', has a name for what happens when AI stops being a bicycle and starts being the rider: cognitive surrender.

As AI moves from something an investor occasionally consults to something embedded in every decision, the temptation grows to hand over not just the task but the thinking itself, accepting AI's output with minimal scrutiny, especially when it happens to agree with what the investor already believed.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.