23 Hrs
Source:
Los Angeles Times
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Adults use AI for finance but trust is low
About 20% of Americans seeking financial advice in the past year have turned to AI, but only around 30% have some confidence in its guidance. Despite increased use, many still prefer consulting professional advisers or relying on personal research, with younger generations more likely to use AI due to affordability. Experts caution that AI tools lack legal fiduciary responsibility, and individuals should verify advice through trusted sources before making financial decisions.
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