Category: Fintechs

Artificial intelligence, what can a video game tell us ?

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Everyone is now talking about artificial intelligence. But is it worth it ? Video games might help us on this.

Reading time: 10 minutes

Since a couple of months, artificial intelligence is the new hype. Everyone is talking about it, everyone wants to jump in, to be part of it. Applications are, it seems, almost ready and will disrupt everything, everyone. You have a job, well be careful because you might lose it to a robot in the next few years… health, transports, law, finance… no one is safe against the almighty robot…

Really ?

Well I think this might need a little more time and here is why.

I am a gamer.

Well I used to be. That was before I had the smart idea to start my own company and have three “wonderful” kids at the same time. Now gaming time got a little bit rarer…

But I am still playing from time to time, and when I do, I very frequently get back to a very specific game style, strategy, and an even more specific franchise, Sid Meier’s Civilization.

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The French client of roboadvisors aka the “five-legged sheep”.

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In French language “rechercher le mouton à cinq pattes” ( lit. “searching for the five-legged sheep” ) is an idiom meaning searching for something that probably does not exist.

I would like to tell that I actually found what I was looking for, the client of a French roboadvisor, but I still haven’t.

It has been two years since roboadvisors got in France. I work in financial advise and asset management and meet regularly their potential clients. I am, as far as I know, in their theoretical target, as well as many of my friends and relatives. I often attend conference on the subject and exchange with participants…

But no. Still nothing. Still no client met. Impossible to find one. Neither from Yomoni, Advize, FundShop, MarieQuantier, WeSave… No a single one*. Yomoni was claiming around 1.500 clients at year end 2016, which seems good, but those 1.500 people seem to never bump into me.

*(to be honest I finally met one after publishing this post).

Continue reading The French client of roboadvisors aka the “five-legged sheep”.