BLOG: Robo v. HumanBot
What’s the Big Difference? – Scott Wilderman, Chief Human
HumanBot: The Human Touch, with Automation…& Artificial Intelligence (AI)
Human-Driven ARTIFICIAL INTELLIGENCE (AI): Investment Portfolio Management
Studies and experiments have shown that “the machine” will beat a human in chess (and many other games, like picking stocks and timing the Market) …every time. At Klaroas, it’s our belief that Artificial and HUMAN Intelligence work together, “H-AI” beats AI – So bring on the machines!
“Bot” Technology: Streamline, Speed-Up and Make the Process Efficient
The process is simple. Anyone can do it…a kid, a single someone, a spouse, parent, grandparent, anyone.
Once you are set up, you get on-demand reports and performance-to-plan analysis to know where you stand and take actions toward your goals…to actualize the vision you have of your life and your future
Personal CFOs: REAL PEOPLE with “people skills”, skilled at using technology
Your Personal CFO is not a machine. Why should it be? YOU are not a machine. Your CFO is a REAL Person, a Financial ENGAGER, trained to be sensitive to who you are. Life is less a system, and more a process. Everyone is a Work in Progress. Your CFO will ENGAGE and guide you, in a sensitive, simple, efficient, therapeutic manner, through what USED to be a morass of planning, reporting and trying to understand (before the invention of Core Solutions). Because running your life should feel good. Your Core Solutions WILL feel good. Isn’t that’s what Life is all about? …Feeling Good? meet some real people
In today’s Financial Advisory and Financial Services Industry, automation (“Robo”) is everywhere. From Planning to Investment Management, you can’t escape it (and if you can, congratulations! Certainly, I can’t). Even if you run (and I RAN) from it, you’re likely to run right smack back into it. So, what’s the problem? It’s WAY too much for me….and it’s my job. So, financial advisory technology must be too much for you, because it’s not your job…right? Congratulations again…it really can be much better than we both think. Yes, it CAN feel like you’re in some new Terminator sequel, and Arnold is BACK…and he’s chasing you down. And it doesn’t have to feel that way. The truth is…Automation is great, and it works…IF it works…for YOU…THEN it’s great
Does “Robo” do everything for you? Ask Amazon’s Alexa, “Alexa, how much do I have left in my grocery budget for the month?” “Robo” can give you an answer. The RoboAdvisors saw this and have provided it for all of us. At Klaraos, we embrace Robo. We call embracing monsters (“terminators”) and FEAR… “making friends with it”. Like that bully in the schoolyard…make friends with it and it won’t attack you…it will DEFEND you! It will make your life Easier and Better. Easier and Better is good, right? I mean, it’s easier and better…so…I did it. Before then, I hated it, and if I’m going to be honest, I was afraid of it. So, I convinced myself I didn’t need it. And I was wrong (duh). Technology that works…works for all of us. So, I said “I can do it!”. Because I can do it, and if I can do it, anybody can
We’re not back in the 1990’s (yes, I remember, and I partied like it was 1999. I am a dinosaur after all). My kids call me “OG”. I thought it meant “Original Gangster”. I was happy, because I’m from Chicago (Bang Bang!). They were like, “No dad, it means Original Geezer”. Ugh….
Anyway, in the 1990’s stock brokers pretty much went out of business, replaced by direct investing by individuals via this brand-new thing called the internet (read: good-bye expensive commissions, hello E-Trade, ScottTrade and Charles Schwab). Stock Brokers went away because they didn’t adapt to their customers’ needs and expectations…they didn’t embrace the change, they Just Kept Selling what they had. They were…Original Gangsters…Geezers…Dinosaurs
“Robo” CAN create huge efficiency in managing your life, and it has, for all of us…you and your advisor. And “Robos” Are (just) Selling what they have. Just ask your RoboAdvisor, “What changes in the political world, federal reserve policy, the market, or my life situation, could accelerate my reaching (or knock me off) my goals for retirement? How about this one, “Hey Robo, when should I start taking my Social Security benefits? Would the answer change if I do a reverse mortgage on my house? It’s likely, and likely you’ll get an answer…like:
“…..........................Processing………….……………………Please hold………...........……… Someone WON’T be with you shortly”
“Robo” can’t answer your BIG questions today, and YOU don’t................. have.............. time….........…to……..........wait…………... “Robo” can’t automate Goal Setting, Education, Insurance, Lifestyle. Career and Estate Planning, Retirement Living
Robo CAN’T SELL REPLACING the Human Element
Klaraos thinks “sell” is a four-letter word anyway. When you go to Amazon.com, the website doesn’t “sell” you anything…you look…and you BUY what you want…right? If your CLASS experience is like that, if it’s like being on Amazon.com or Facebook or SnapChat, then Klaraos has done (half) its job
If you don’t shop online or use Facebook or texting and SnapChat are not part of your life, we have Clear Solutions to make YOUR life Easier & Better too
To do the whole job for you, you need us to be there, in the flesh, when YOU decide you need us. Because that’s Easier & Better for You. So, join me…do what I did. It won’t change who you are, it will just help you be all you can be…
What’s the point? You don’t need to be SOLD automatic action (sorry “Robo”, that’s FREE)
You need a Clear Solution…HumanBot