With us consumers hungry for financial independence, under what circumstance would you trust (or not trust) an AI for personal finance advice? - Seedly
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Anonymous

Asked 2w ago

With us consumers hungry for financial independence, under what circumstance would you trust (or not trust) an AI for personal finance advice?

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Hey there!

I think it's important to everyone to do their own due dilligence. In the investment area, the algorithms generated can be unique and it's important to know how it generates your portfolio and if you're comfortable with that.

In general, the needs of people are relatively universal but the approach to it has to be tailored because everyone's life circumstances are different, whether it's a budget or a life stage thing. That being said, it's probably not a either-or choice between AI and human intervention. I still believe there is space for the human touch for better distinction and discernment alongside utilizing AI in the area of personal finance.​​​

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Biggo4

2d ago

AI eliminates the human element involved in the process of dispensing/acquiring personal finance advice. With that, it should come with a lower cost/expense to the consumer.
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