Artificial Intelligence

AI Replacing Human Financial Planners? Experts Warn Against Overreliance

A new study found that 64 percent of Americans are comfortable with AI creating financial plans, but over half are uneasy with AI making investment decisions.
AI Replacing Human Financial Planners? Experts Warn Against Overreliance
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Mary Prenon
Mary Prenon
Freelance Reporter
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Financial planning, for everything from your first home to retirement, may often be an intimidating experience for the average consumer.

And with the rise of artificial intelligence (AI), many are now starting to seek financial advice from AI sources such as ChatGPT, DataRobot, Domo, and countless others. Experts are sounding the alarm about overreliance on these tools.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.