Reported 4 months ago
A rising trend on social media sees influencers, or 'finfluencers', giving personal finance advice, while the public is increasingly relying on AI for finance-related queries. However, experts caution that many of these sources may spread misinformation. Lawrence Sprung points out that some finfluencers disappear after providing inaccurate advice, and AI platforms have also shown significant inaccuracies in financial information. It is essential to scrutinize the validity of advice received from these channels.
Source: YAHOO