57% of Gen Z and 55% of Millennials are optimistic about AI's potential to help manage money, according to Northwestern Mutual's study.

Younger Americans are optimistic about AI's potential to help manage money, with 57% of Gen Z and 55% of Millennials excited about its impact on their financial lives, according to Northwestern Mutual's 2024 Planning & Progress Study. Deloitte's report predicts generative AI-enabled applications could become the leading source of advice for retail investors by 2027, as financial companies use AI to power customer-facing chatbots, prevent fraud, and speed up tasks.

June 04, 2024
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