Got money questions? How to get chatbots to give you accurate answers

By: Pawan Jain, University of Michigan Flint, The Conversation

Outlets: The Conversation

Published: July 29, 2026

Words: 1,641

Last Updated: 2 weeks, 6 days ago

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By Pawan Jain, University of Michigan Flint

Finding good financial advice can be stressful – and expensive. That’s one reason why chatbots have become an increasingly popular and free alternative.

But using artificial intelligence to answer your pressing money questions also carries hidden dangers. I’m a finance professor who has been closely watching the spread of AI into personal finance, and I recently warned that AI is riskiest when it sounds most confident. …

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