F2’s Doug Fritz tackles the complex question of what role has technological innovation, specifically AI, played in shaping the growth of the wealth technology sector? He notes that discussions have shifted from theoretical technology application to practical implementation, enhancing client experience. While AI remains a popular buzzword, its real importance lies in prompting firms to organize their data, a foundational step crucial for all future innovations. He also weighs in on why firms should prioritize hiring experienced Chief Technology Officers (CTOs) to effectively navigate and implement these technological shifts.
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