AI Delivers Effective Financial Advice, Says Researcher Mollick
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For example, I did many years of work with organizations trying to teach financial literacy because so many people unknowingly end up in bad situations. The fact that you now have access to a tool that is, according to research, good at giving financial advice is a big deal.
It is one of the things that I think is being lost in AI polarization. AI models, as they are today, are truly capable of solving some very hard, very real problems. I worry that the groups that most try to help people with these problems are those most rejecting AI reflexively
The research on financial advice
This paper by researchers from MIT and Stanford finds that most people would be financially better off if they followed the financial advice of LLMs (GPT-5.2 & Gemini 3 Flash) But some people get a bit better advice than others, which largely depends on the questions they…