Americans favor advisors over AI for finances

A new study shows that while many Americans seek financial guidance, only a small percentage trust AI tools like ChatGPT for investment advice, with just 3% expressing high confidence. Most prefer to rely on human financial advisors, especially for important decisions, as AI is mainly used for basic inquiries about retirement and savings accounts. Experts emphasize that AI plays a supportive role in discovery but does not replace the trust placed in human advisors.

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