Gen Z is using AI to manage their investments despite fearing its impact on jobs
A new survey reveals that Gen Z, while expressing significant concerns about the threat of artificial intelligence (AI) to job security, remains highly open to letting it influence financial decisions. According to Betterment's Retail Investor Survey and Advisor Solutions research, nearly half of Gen Z investors have already made a decision influenced by AI, with 41% comfortable using it for long-term planning—far higher than other generations like Baby Boomers. This trend is especially notable among those who pay for human financial advice. Among these clients, 65% of Gen Z say they've acted on decisions shaped by AI, the highest rate across all age groups. The apparent contradiction may stem from a lack of trust in alternative information sources such as social media influencers and an overreliance on fluent-sounding algorithmic outputs. Experts suggest this behavior reflects what researchers call the
Topics: AI in finance Gen Z investing habits Investor sentiment