22:25
52d ago
→MIT: AI financial advice is surprisingly good — if you ask the right questions
A new MIT paper finds AI financial advice helps people over 30 save more, diversify, and reduce risk with age. But AI fails to adjust for shocks like unemployment and lets portfolios drift without rebalancing. Prompt differences—by gender, financial literacy, and LLM familiarity—cause variation. The post doesn't specify which models were tested.
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