UK consumers warned over AI chatbots giving inaccurate financial advice
NegativeTechnology

- A study conducted by Which? has highlighted significant inaccuracies in financial advice provided by AI chatbots such as ChatGPT and Microsoft's Copilot. These chatbots have been found to give misleading information on critical financial matters, including tax and insurance, which could lead consumers to make poor financial decisions.
- This development raises concerns about the reliability of AI technologies in providing financial guidance. As consumers increasingly rely on these tools, the potential for misinformation could undermine trust in AI applications and lead to financial losses for users.
— via World Pulse Now AI Editorial System



