Can AI Replace Human Financial Advisors? Experts Weigh In on the Risks and Limitations
2025-01-13
Fortune on MSN.com
The rise of AI chatbots in finance has sparked debate about their potential to replace human advisors. While AI can provide basic financial advice and support, experts warn against relying on them for complex decisions due to their tendency to provide inaccurate information and lack of regulatory safeguards. As AI technology continues to evolve, it's essential to understand its limitations and potential risks in financial planning, including investment advice and portfolio management. With the increasing use of artificial intelligence in finance, it's crucial to strike a balance between innovation and caution.
