HSBC: AI Can't Replace Human Wealth Advisors Yet

A new HSBC report says AI still can't replace human wealth advisors for rich people. They surveyed about 10,000 wealthy individuals. 62% trust human experts for investment ideas, only 12% rely on AI. HSBC's CEO says clients use AI to explore options but still want human advice for decisions. Younger people are more open to AI, but human skills like judgment and checking facts remain key.