Bixby Might Help Users Invest in Stocks in the Near Future
One of the most boring parts of this years Samsung Developer Conference (SDC) was that the company opened up Bixby to third-party developers. It allows developers to build services the dozen-odd people who actually use Bixby as opposed to the Google Assistant/Alexa/Siri. Samsung, however, still has faith in its virtual assistant and continues to push it to users.
Today, an investment management service will let users invest in stocks via voice commands. South Korea-based DeepSearch is developing a search engine and a computation engine that’s backed up financial big-data. It will enable investors to study desired datasets and analyze topics to build their investment hypothesis. The process eliminates the need for complex calculations that are required by more traditional approaches. It’s also working to link the platform with Bixby.
Bixby to use DeepSearch’s financial platform
DeepSearch’s head Kim Jae-Yun said during the recent Bixby Developer Day in Seoul that the service would allow Bixby to provide information such as profit and revenue from financial statements and even invest in select stocks and market sectors in response to users’ voice commands. Initially, like most of Samsung’s new features, this will only work in South Korea for some time. Based on its success in the mothership, Samsung might find a partner in other markets in the future.
We can expect the service to be rolled out in batches by early next year. Users in South Korea will then be able to make investment decisions through Bixby thereafter. According to Jae-Yun, the goal is to “allow users to ask Bixby about risks, investment opportunities, financial information and issues about the companies around them. Ultimately, Bixby will also be able to analyse the company and invest users’ money in shares.” An AI-powered assistant that makes financial decisions for you might seem good on paper, but we’ll reserve judgment until we see the service in action and produce some actual results.