tech
There's an 'art' to writing AI prompts for personal finance, MIT professor says
There's a good and bad way to write effective artificial intelligence prompts for personal finance advice.
TL;DR
- 66% of Americans who have used generative AI have used it for financial advice, with over 80% for millennials and Gen Z.
- AI is good for general financial topics but struggles with specific calculations and can 'hallucinate' answers.
- Effective AI prompts for finance need to be detailed and specific, not generic.
- Users can 'reverse engineer' prompts by asking the AI how to generate a better answer.
- Always double-check AI output, ask about uncertainties, and consider requiring sources.
- Prompt engineering is crucial for obtaining useful financial advice from AI.