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South Koreans see little benefit of AI-recommended financial services, survey finds

( October 31, 2024, 02:29 GMT | Official Statement) -- MLex Summary: Only about two out of every 10 users of digital financial services in South Korea use services involving recommendations from artificial intelligence programs, with half of those not using them citing little benefit, a recent survey found. This supports arguments that AI technology still has a long way to go before becoming a general-purpose tool impacting real economic sectors across the board, according to the survey conducted by the Financial Security Institute. It reported that only 19.1 percent of respondents were using AI-recommended services, while 49.8 percent of those not using them felt little or no need for such services....

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