Millions of Americans using AI chatbots for financial advice face privacy risks

11 articles · Updated · The Washington Post · Apr 25

A growing number of Americans are consulting AI chatbots for budgeting, debt management, retirement planning, and investment guidance.
Experts warn that sharing sensitive financial information with these tools can expose users to significant privacy threats.
The convenience and accessibility of AI-driven financial advice are driving adoption, but users are urged to exercise caution to protect their personal data.

Is the risk of using AI worth the reward for those who can't afford human advisors?

Will AI make human financial advisors completely obsolete in the near future?

What privacy settings should you change before asking an AI chatbot about money?

If an AI gives bad financial advice, who is legally responsible for the losses?

Could the financial secrets you share with a chatbot be used against you later?