No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, October 6, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Robinhood CEO says just like every company became a tech company, every company will become an AI company

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 2 mins read
A A
Robinhood CEO says just like every company became a tech company, every company will become an AI company
Share on FacebookShare on TwitterShare on LInkedIn



Earlier advances in software, cloud, and mobile capabilities forced nearly every business—from retail giants to steel manufacturers—to invest in digital transformation or risk obsolescence. Now, it’s AI’s turn.

Companies are pumping billions of dollars into AI investments to keep pace with a rapidly changing technology that’s transforming the way business is done.

Robinhood CEO Vlad Tenev told David Rubenstein this week on Bloomberg Wealth that the race to implement AI in business is a “huge platform shift” comparable to the mobile and cloud transformations in the mid-2000s, but “perhaps bigger.”

“In the same way that every company became a technology company, I think that every company will become an AI company,” he explained. “But that will happen at an even more accelerated rate.”

Tenev, who co-founded the brokerage platform in 2013, pointed out that traders are not just trading to make money, but also because they love it and are “extremely passionate about it.”

“I think there will always be a human element to it,” he added. “I don’t think there’s going to be a future where AI just does all of your thinking, all of your financial planning, all the strategizing for you. It’ll be a helpful assistant to a trader and also to your broader financial life. But I think the humans will ultimately be calling the shots.”

Yet, Tenev anticipates AI will change jobs and advised people to become “AI native” quickly to avoid being left behind during an August episode of the Iced Coffee Hour podcast. He added AI will be able to scale businesses far faster than previous tech booms did. 

“My prediction over the long run is you’ll have more single-person companies,” Tenev said on the podcast. “One individual will be able to use AI as a huge accelerant to starting a business.”

Global businesses are banking on artificial intelligence technologies to move rapidly from the experimental stage to daily operations, though a recent MIT survey found that 95% of pilot programs failed to deliver.

U.S. tech giants are racing ahead, with the so-called hyperscalers planning to spend $400 billion on capital expenditures in the coming year, and most of that is going to AI.

Studies show AI has already permeated a majority of businesses. A recent McKinsey survey found 78% of organizations use AI in at least one business function, up from 72% in early 2024 and 55% in early 2023. Now, companies are looking to continually update cutting-edge technology.

In the finance world, JPMorgan Chase’s Jamie Dimon believes AI will “augment virtually every job,” and described its impact as “extraordinary and possibly as transformational as some of the major technological inventions of the past several hundred years: think the printing press, the steam engine, electricity, computing, and the Internet.”

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.



Source link

Tags: CEOCompanyRobinhoodtech
ShareTweetShare
Previous Post

5 Ways To Make $50K a Year in Passive Income

Next Post

*HOT* NFL Officially Licensed T-Shirt and Full Zip Hoodie Set only $53.48 shipped!

Related Posts

edit post
AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 

AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 

by TheAdviserMagazine
October 6, 2025
0

A lot is riding on the AI boom, and it isn’t just the stock market surge. AI is being touted...

edit post
David Ellison says he’s confident Bari Weiss ‘will invigorate CBS News’ as new editor-in-chief

David Ellison says he’s confident Bari Weiss ‘will invigorate CBS News’ as new editor-in-chief

by TheAdviserMagazine
October 6, 2025
0

Paramount said Monday that it has bought the news and commentary website The Free Press and installed its founder, Bari...

edit post
Dow falls, S&P 500 and Nasdaq rise as AMD surges on OpenAI deal, shutdown drags on

Dow falls, S&P 500 and Nasdaq rise as AMD surges on OpenAI deal, shutdown drags on

by TheAdviserMagazine
October 6, 2025
0

US stocks were mixed on Monday as the federal government shutdown entered another week, while a megadeal between AMD (AMD)...

edit post
Sebi chairman warns retail investors against speculative trading in derivatives

Sebi chairman warns retail investors against speculative trading in derivatives

by TheAdviserMagazine
October 6, 2025
0

Sebi chairman Tuhin Kanta Pandey on Monday said retail investors should avoid speculative trading in derivatives, underscoring the risks associated...

edit post
AMD signs AI chip-supply deal with OpenAI, shares surge 38%

AMD signs AI chip-supply deal with OpenAI, shares surge 38%

by TheAdviserMagazine
October 6, 2025
0

Shares of Advanced Micro Devices (AMD) surged 38% to hit a high of $226.70 on Nasdaq after the company announced...

edit post
Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

by TheAdviserMagazine
October 6, 2025
0

When Mia Jones goes out to eat with her friends, she wants something that’s just right: not overly popular, but...

Next Post
edit post
*HOT* NFL Officially Licensed T-Shirt and Full Zip Hoodie Set only .48 shipped!

*HOT* NFL Officially Licensed T-Shirt and Full Zip Hoodie Set only $53.48 shipped!

edit post
Michael Saylor Credits Bitcoin for Strategy’s Outperformance

Michael Saylor Credits Bitcoin for Strategy’s Outperformance

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Bari Weiss Will Run CBS News for the Ellison Hasbara Empire

Bari Weiss Will Run CBS News for the Ellison Hasbara Empire

0
edit post
Bitcoin reaches new all-time high of 6K

Bitcoin reaches new all-time high of $126K

0
edit post
Renewing Purpose After Retirement: How Second Acts Are Beating Rumors of Decline

Renewing Purpose After Retirement: How Second Acts Are Beating Rumors of Decline

0
edit post
GE Vernova – GEV: UBS mit „Buy“ & Kursziel 760 USD!

GE Vernova – GEV: UBS mit „Buy“ & Kursziel 760 USD!

0
edit post
Jubilant FoodWorks’ Q2 revenue up 20% to Rs 2,340 cr, adds 93 stores

Jubilant FoodWorks’ Q2 revenue up 20% to Rs 2,340 cr, adds 93 stores

0
edit post
AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 

AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 

0
edit post
GE Vernova – GEV: UBS mit „Buy“ & Kursziel 760 USD!

GE Vernova – GEV: UBS mit „Buy“ & Kursziel 760 USD!

October 6, 2025
edit post
AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 

AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 

October 6, 2025
edit post
Novogratz’s Galaxy Digital launches retail app to rival Robinhood

Novogratz’s Galaxy Digital launches retail app to rival Robinhood

October 6, 2025
edit post
Halloween Stock Market Contest – Wall Street Survivor

Halloween Stock Market Contest – Wall Street Survivor

October 6, 2025
edit post
Bitcoin reaches new all-time high of 6K

Bitcoin reaches new all-time high of $126K

October 6, 2025
edit post
Rekordwoche für Bitcoin: Beflügelt das Allzeithoch nun auch Bitcoin Hyper?

Rekordwoche für Bitcoin: Beflügelt das Allzeithoch nun auch Bitcoin Hyper?

October 6, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • GE Vernova – GEV: UBS mit „Buy“ & Kursziel 760 USD!
  • AI is becoming the ‘magic fix’ as America places ‘one big bet’ on it not being a bubble, market veteran warns 
  • Novogratz’s Galaxy Digital launches retail app to rival Robinhood
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.