72% of Irish consumers express concern about AI-driven financial scams amid increasing AI usage.

A PTSB survey reveals growing concerns among Irish consumers about AI-driven financial scams as AI usage increases. 72% of respondents worry about AI's potential for more sophisticated financial fraud, with only 24% comfortable with AI-generated advice. Despite the cost of living crisis being the top concern, 80% of consumers still see a role for cash and prefer human interaction in banking services.

June 05, 2024
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