News Summary

• Research by Fidelity International found that more than a third of 18- to 34-year-olds use AI when making investment choices.
• But analysis by Which?
• found that AI tools can “make mistakes, misread information and even give risky advice” There are also data and privacy risks with AI, as your information may be stored and personal data could be misused.
• It is best to view AI as a “well-meaning but sloppy assistant”, said Fidelity.