People fear AI-fuelled scams and want more human interaction

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People fear AI-fuelled scams and want more human interaction
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PTSB survey highlights value people place on dealing with other people instead of machines or chatbots

People are becoming increasingly worried about their capacity to spot evolving scams and are afraid the growth of artificial intelligence will make them more vulnerable, new research suggests.

It also indicates that less than one in four people are comfortable with the idea of AI-generated financial advice, particularly when it comes to big decisions around mortgages and investments.Is that a harp in the Doctor Who time vortex? Irish screen industry travels far to reach the WhoniverseAll told, 71 per cent of people reported having experienced attempted financial fraud, down from 75 per cent in autumn 2022.

Older people are more susceptible to card skimming while romance scams are most prevalent against those aged 25-54, the report suggests. A total of 95 per cent of those who took part in the study use digital banking services, increasing to 100 per cent for 18 – 24 year olds. The cost of living is still the most important issue for 34 per cent of people. Immigration is the second most important issue on 14 per cent followed by the price of housing on 13 per cent.

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