I am amazed, how much people underestimate the whole complexity of setting up a successful fintech. Basically, you don't have to work for the clients - you need to work for regulators, and also for risk and compliance, and also for duty of care, and much much more, on the thinnest possible margin, if you want to be competitive. Setting up AI to help people make investment decisions is a nightmare due to the number of dimensions you need to take into account while validating data.
I really hope Amazon doesn't start the investment service in the way described in the article.
I really hope Amazon doesn't start the investment service in the way described in the article.