Artificial intelligence ‘creeping into’ high-risk stock trading
Artificial intelligence ‘creeping into’ high-risk stock trading
Publish Date: 2026-02-17 08:26:00
Source Domain: www.computerweekly.com
- Nearly three million people in the UK utilize AI tools for financial decision-making, with a concerning uptick in AI usage for stock trading.
- A survey of 2,000 individuals by Broker Chooser shows that 22% consult AI for stock market predictions and about 33% use it for money advice. Millennials and Gen Zs are particularly heavy users of the technology.
- Approximately 60% of respondents either currently use AI or are open to using it in the future, with 53% willing to act on AI guidance.
- While AI is predominantly used for low-risk financial tasks such as savings rates, budgeting, and goal planning, its application in stock trading is deemed high-risk by banking professionals.
- AI-generated recommendations for stock picking or market forecasts do not fully account for real-time market volatility, geopolitical events, or individual financial circumstances.
- Experts recommend using AI as an informative tool rather than a decisive one for financial decisions, underscoring the need for reliance on trusted, regulated sources for guidance.
- The UK government is taking steps to regulate AI chatbots to comply with the Online Safety Act, including enforcing illegal content duties.
