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AI Financial Advice: Supply, Demand, and Life Cycle Implications

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NBER2026-08-01 更新2026-08-14 收录
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We ask a representative sample to write prompts seeking spending and investing advice from LLMs, then simulate the lifetime effects of following the advice under realistic asset and labor market conditions. Applying this method to GPT-5.2, we find following the advice would move respondents toward

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2026-08-01
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