✉news TechnologyTechnology first seen 5 h ago, last 4 h ago, peak #11
Asset managers face rising pressure to contain AI costs
Original: Holding down AI costs emerges as next key step for asset management’s technology revolution
Asset management firms that rushed to adopt artificial intelligence are now focusing on keeping the technology's costs under control, according to Pensions & Investments. Holding down AI spending is emerging as the next key step in the industry's broader technology revolution, as firms weigh the returns on expensive AI investments against their long-term business strategies.
Why now: Asset managers are moving past initial AI adoption and now debating how to fund and control the technology's mounting costs.
asset management industryPensions & Investments
Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 4 h ago.
Evidence
- Holding down AI costs emerges as next key step for asset management’s technology revolution · Pensions & Investments
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