Americans Turn To AI For Financial Advice

More Americans are using AI to manage finances, CBS News business analyst Jill Schlesinger reported March 17, 2026, citing a Credit Karma September survey finding 66% of Americans and 82% of both Gen Z and millennials have used generative AI for financial advice. Schlesinger warned about hallucinations and privacy risks, referencing a 2025 Stanford study, and advised using AI for education but consulting retirement plans, firms, or unbiased advisors.
Scoring Rationale
High public adoption and credible reporting drive score, while modest novelty and limited technical depth constrain broader industry impact.
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Sources
- Read OriginalUsing AI for financial advice? Here's what to watch out for.cbsnews.com


