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Study shows you might not want to use Google’s AI when it comes to finance

October 21, 2024 by Raymond Hackney

Google

Maybe don’t ask AI questions when it comes to your finances. Matt G. Southern posted over at SearchEngineJournal.com about a study by The College Investor.

Out of 100 personal finance searches, 43% had misleading or incorrect information.

I have noticed this myself, I was not asking AI overview a question but it showed up on top of a search query. I was like that’s not right, and it’s not a hard question.

From the study:

Key Findings

The study evaluated AI overviews across various financial topics, including banking, credit, investing, taxes, and student loans.

The results showed:

  • 57% of AI overviews were accurate
  • 43% contained misleading or inaccurate information
  • 12% were completely incorrect
  • 31% were either misleading or missing crucial details

Read full story

Filed Under: Google

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