AI in Finance: Promise and Peril | Glasgow News

By 2030, AI could revolutionize finance—potentially managing finances for 11 million UK adults—but with major risks. AI promises to close the advice and protection gaps, boost savings, and tackle financial exclusion, yet raises alarms over data misuse, fraud, and power concentration. While some trust AI with their money, others won’t budge. As deepfakes and scams evolve, defenses must keep pace. This is a once-in-a-generation opportunity—if handled right, AI can empower consumers without deepening inequality. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3c3769bfe0ce42d5