Brits Bank on Tech: Over 28m Adults Now Using AI Tools to Help Manage Their Money

Half of UK adults now use AI for financial advice, study finds

Artificial intelligence is fast becoming Britain’s most popular financial adviser, with more than half of adults now using platforms such as ChatGPT to help them make decisions about money, according to new research commissioned by Lloyds Banking Group. The study found that 56 per cent of UK adults — equivalent to 28.8 million people — have turned to AI tools for guidance on budgeting, savings, pensions and even investments. Financial advice has…

Over 28m use AI to manage their money - Credit Connect

Lloyds Banking Group research has shown that more than 28 million (56% of UK population) adults are now turning to Artificial Intelligence (AI) to help manage their money. ChatGPT is referenced as the most popular platform, used by six out of ten. With more than half of people who use AI employing it for budgeting, savings planning, and general financial education, it’s now a go-to resource. More than a third of users(37%) say they engage with A…

Brits Bank on Tech: Over 28M Adults Now Using AI Tools to Help Manage Their Money

More than 28 million UK adults are now turning to artificial intelligence to help manage their money – making personal finance the nation’s number one use of AI. Lloyds Banking Group’s latest Consumer Digital Index is the UK’s largest study of digital and financial capability, now in its 10th year. The research reveals that artificial intelligence has rapidly become a

Brits Bank on Tech: Over 28m Adults Now Using AI Tools to Help Manage Their Money

More than 28 million UK adults are now turning to artificial intelligence to help manage their money – making personal finance the nation’s number one use of AI. Lloyds Banking Group’s latest Consumer Digital Index is the UK’s largest study of digital and financial capability, now in its 10th year. The research reveals that artificial intelligence has rapidly become a financial tool for millions across the UK, with 56% of adults – around 28.8 mi…