AITechRadarabout 3 hours ago
AI chatbots giving financial advice worry UK regulators
9 min read
Over a quarter of UK consumers trust AI chatbots for money advice, per a Financial Conduct Authority review. ChatGPT, Claude, and Gemini are unregulated, yet they make specific recommendations. Regulators worry because financial advice is a regulated activity, and the line between information and advice is blurring.
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