When managing your money, take a chatbot’s ‘confidence’ with a grain of salt
AI chatbots have entered everyday life with remarkable speed: A 2025 Pew Research Center survey found that 34% of U.S. adults and 58% of those under 30 have used ChatGPT, roughly double the share two years earlier. A growing number are asking AI about money, and as Dr. Pawan Jain highlights, some are getting burned. According to a 2025 survey of 2,000 U.S. adults by Pearl.com, a professional services platform, 19% said they lost more than $100 by following financial advice from an AI chatbot. Among Gen Z investors, that figure rose to 27%.