The world is going through a seismic demographic transition, as populations age and traditional workforces shrink, prompting challenges for retirement systems that need to adapt to remain resilient.
Why it matters: Finance and benefit leaders are exploring AI’s potential to address these challenges, aiming to improve modern pension systems, develop smarter investment practices and design better employee benefits programs, according to the World Economic Forum.
Go deeper: Many investment professionals are exploring AI’s future potential.
- Research by Mercer suggests that today 91 percent of investment managers are either using (54 percent) or planning to use (37 percent) AI for investment strategies or asset class research.
- Investors are already using AI to analyze data, risks and trends, to identify patterns and market signals, monitor risks and predict behavior.
The bottom line: The WEF says there’s significant risk in trusting AI with too much too soon. All the systems and efforts that shape our health, wealth and careers demand human expertise, increased data security and robust governance plans.
