Dataset of AI Robo-Advisor Adoption Impact on Financial Inclusion, Financial Literacy, and Investment Habit of Millennial and Gen Z Retail Investor in Indonesia

The emergence of artificial intelligence (AI) driven robo-advisors (RA) is a key innovation in the financial sector. RA is a digital platform that provides automated, algorithm-driven financial planning and portfolio management at a fraction of the cost of traditional advisors, thus democratizing professional portfolio management for the masses. This study aims to provide a comprehensive analysis of the role RA plays in transforming modern investment practices and enhancing the financial well being of this digitally-native demographic. The data is analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). Files attached is the dataset used to test the hypothesis analysis in this research.