Few Americans confident in financial advice from AI: Gallup
As artificial intelligence's influence continues to grow in the United States, fewer Americans trust the technology's financial advice, with only trusting social media influencers falling below it. An Edward Jones-Gallup poll released Wednesday showed only 27 percent of respondents had "some" or "a great deal" of trust in AI as a source of financial guidance,...
A recent poll conducted by Gallup and Edward Jones reveals that 20% of Americans have turned to AI for financial advice, yet their confidence in its expertise is notably low. Only a minority, fewer than one in three respondents, expressed either some or a great deal of confidence in the financial advice they receive from AI. This confidence level is significantly lower compared to the 79% who have the same level of confidence in financial advisers.
A notable generational divide emerges in the use of AI for financial guidance, with one-quarter of individuals under the age of 46 having utilized AI, in contrast to just 7% of baby boomers. Internet research emerged as the most popular source of financial guidance across all generations, with a majority of baby boomers seeking professional financial advice, while far fewer Gen Z and millennials followed suit.
Brief written by urgent.news from Semafor's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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