Robo-advice is not a hype that will go away

Robo-advice is a hotly debated topic in the fintech space. On the one hand it has onened up the low-wealth market, that was previously unservable, to finally be consulted on their finances, at lowest costs and increased transparency. On the other hand, the models used by robo-advisers are often a dressed down version of full advice, only consider a limited number of asset classes and potentially, fail in risk categorization. This raises the questions: you get what you pay for!?