The rise of AI in personal finance

A growing portion of the population views artificial intelligence (AI) as an effective tool for personal financial management, according to a report by Intuit Credit Karma and money.com. Four out of ten people believe AI could be beneficial in budgeting, while an additional 57% are willing to use the technology to solve their financial issues. Around one-third of those who have experience with AI stated they would trust it more than a human to handle their finances. However, there are ongoing debates about the drawbacks of using AI for such matters, including lack of personal touch and potential glitches.