HomeUncategorizedA third of US investors are open to trusting AI financial advice: Survey By Cointelegraph

A third of US investors are open to trusting AI financial advice: Survey By Cointelegraph

August 25, 2023

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© Reuters.

Around one in three United States investors would be open to following AI-generated financial advice without verifying it with another source, according to a recent survey.

On Aug. 22, the Certified Financial Planner Board of Standards released the results of a poll that surveyed over 1,100 adults in early July.

26% cited comfort in using unverified financial advice from social media, compared to 31% citing the same from a generative AI tool. Source: CFP Board
Experience using AI for financial advice was low but was largely satisfying for those who had. Source: CFP Board