NPR News·5 min read·medium

AI chatbots are offering financial advice. Should you trust them?

S
Stephan Bisaha
AI chatbots are offering financial advice. Should you trust them?
AI Summary

A significant number of Americans are turning to AI chatbots for financial advice, with some users finding the guidance helpful for managing debt and savings. However, experts note that many of these users are already financially overextended, raising concerns about the reliability and risks of automated financial planning.

If you ask an AI chatbot for advice on how to revive your wilted tomato plant or for a movie recommendation, even a bad answer has pretty low stakes.

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