Source-linked briefing Technology

Study: AI chatbots often misanswer money questions, risking user losses

Study: AI chatbots often misanswer money questions, risking user losses

A new study finds that AI chatbots often provide incorrect answers to personal finance questions, potentially costing users money. Despite this, surveys show heavy reliance on generative AI for financial advice, especially among younger Americans.

Original headline

AI could be costing you money: new study finds chatbots get most financial questions wrong