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Glossary of Artificial Intelligence (AI), Machine Learning (ML), and Big Data Terms


An automated, algorithm-driven service that provides  financial planning help with little to no human interaction. Roboadvisors that use AI systems often use goal-driven and conversational patterns of AI and leverage reinforcement learning to simulate thousands of scenarios and provide tailored financial guidance to individuals based on their various personal financial habits and goals such as saving for college or saving for retirement.

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