(Bloomberg) -- Having created a buzz in the U.S. and Europe, the robo advisor model has come to the Asia-Pacific region. Its providers are tapping into the region’s growing wealth that surpassed Europe in 2014 and is poised to pass North America next year.
“Historically, the robots were seen as the automation in the process. They were the dumb person communicating a task,” said Keith Pogson, a senior partner for Asia Pacific Financial Services at Ernst & Young, who envisions the richest people accessing the technology through a human interface over, say, dinner. “In this environment, we actually have the human being as the automaton. They are just communicating what the robot or artificial intelligence is telling them.”
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