AI & Enterprise
Tech Insight: Why Charles Schwab CEO is skeptical about AI agents trading stocks
Charles Schwab CEO Rick Wurster voiced caution about the boom in AI agent investing, saying most clients will still want services combining people and technology. He cited a customer who chats with ChatGPT all day but calls a Schwab adviser for major money decisions. Wurster said mass cash moves driven by agents are very unlikely and noted Schwab blocks external agents from logging in.
