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So what do you do when the machines live in your back pocket? Wealthfront, that’s questionable.

WealthFront on that Product Lead, Email Marketing Search, are you the ONE?

So the word on the street is machines (robots) will be taking over our jobs very soon. If this is the case why not speed things up and let them into your wallets now. The reality is, it doesn’t really seem like you have much of a choice either way, and there are billions of dollars of investment money being thrown at the development of automated investing platforms. On a personal level, less “financiers” and “legal aids” in white shirts and ties filling up the Manhattan skyscraping Jungle is fine with me. Maybe we’ll rent those empty offices to the homeless.

On a lighter note, financial advisory start-up Wealthfront went from $700 million in assets to a billion in a four month period, even typing a statement like this makes my jaw hurt. The goal is to engage young investors who innately detest human contact and are appealed by the idea of automated efficiency where their money is concerned.

So what does this all mean for your money? The company was built on the shoulders of a previous company called KaChing that went nowhere and died a sad death. CEO Adam Nash says the reason for the creation of the Wealthfront concept is, “what people really wanted was a simple, transparent and low cost way to take care of their long term investments.” A different firm doing the same type of business, SigFig CEO Mike Sha states, “we think that technology can help all those folks get a much healthier portfolio at a much lower cost.”

Well what do you guys think, good business sense or genuine altruism? Here’s what Wealthfront has to say about that, the company wrote. “We hope that by focusing on Millennials the way Schwab focused on Baby Boomers, we can continue our rapid growth to $10 billion, $100 billion, and beyond.” Charles Schwab, the financial powerhouse has even decided to spend tons to develop their own platform. Schwab CEO Walt Bettinger in a press release explained “Schwab Intelligent Portfolios addresses a growing demand for affordable, objective, sophisticated and convenient investment advice”. By doing this, they’ve made all the smaller guys look legit.

Of course when I say smaller guys, what I really mean is the microchips in every device on the planet, yes there are individuals at the helms of these companies swindling each other out of millions and billions of dollars all the while your devices are slowly plotting to take over and spend our hard earned money on very expensive cigars.

For those of you who dislike other humans, and want to work in tech savvy finance field, look at working for them here.

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