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How Gen AI will change asset management

The industry serves as a natural experiment for a technology that will change practices, organisations and regulations
Generative AI is a massively disruptive innovation that will bring both job destruction and enhancement
The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy

There is little doubt that generative AI is a massively disruptive innovation that will bring both job destruction and enhancement. The balance between the two is now a hot topic where asset management increasingly finds itself, albeit unwittingly, serving as a “natural experiment”.

How the generative AI revolution, or Gen AI, is being deployed in the industry shines a spotlight not only on the job debate but also on broader organisational and regulatory issues that will impact the rest of finance, health, and well beyond.

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