This topic dives into the world of robo-advisors, exploring how they use artificial intelligence (AI) to automate investment plans. We'll examine the pros and cons of using these digital financial advisers, considering factors like cost-effectiveness, personalised advice, and potential drawbacks. Through discussions and critical thinking, we'll assess whether robo-advisors are the future of investing or if they come with hidden risks.

By the end of this session, you will be able to: Define robo-advisors and explain how they use artificial intelligence (AI) for investment purposes. Identify the key benefits and drawbacks of using robo-advisors compared to traditional financial advisors. Critically assess the suitability of robo-advisors for different investors based on factors like experience, risk tolerance, and investment goals. Analyse potential risks associated with relying on AI for investment decisions and the limitations of robo-advisors. Participate in discussions about the potential impact of robo-advisors on the future of investing.