Part 1/10:

The Growing Influence of AI and Robo Advisors in Financial Decision-Making

The Rise of AI in Personal Finance and Investing

In recent years, the landscape of personal finance has undergone a dramatic transformation, largely driven by the rapid integration of artificial intelligence (AI) and robo advisors. A recent survey by Etoro, encompassing 11,000 retail investors, revealed that 13% of retail investors actively use ChatGPT for stock selection, while 50% are open to leveraging AI for making portfolio decisions. This indicates a significant shift toward AI-powered tools, fundamentally altering how individuals approach investing.