Assessing the Impact of AI-Driven Tools on Investment Behaviour
This study evaluates how artificial intelligence technologies (AIT) influence investment patterns and behavior.It's critical to comprehend how AI-driven tools and technology, like chatbots and robo-advisors, are affecting investors as they become more and more integrated into the process of making financial decisions.The purpose of this study is to use a structured empirical analysis to assess the relationship between investing behavior and patterns (IBP) and AI-tools and technology (AIT).Regression analysis is utilized in the study to anticipate investment behavior and patterns using AI technologies.The findings show a strong positive correlation, with AI tools accounting for 32.1% of the variation in investing patterns and behavior.The robustness of the results is further confirmed by the model's F-statistic.Investment behavior and patterns appear to be significantly impacted by AI technology, as indicated by the standardized beta coefficient of 0.567 (p < 0.000).These results highlight how AI is revolutionizing the investment sector.Financial institutions, legislators, and investors themselves will need to comprehend artificial intelligence's effects on investment behavior and trends as it develops.The study adds actual information on how AI technologies are changing investment behavior and patterns, which is a growing body of literature.
Authors
- Harsh Purohit (ORCID: https://orcid.org/0000-0003-2419-0972)
- Kovid Jain
Publication Details
- Journal
- International Journal of Research Publication and Reviews
- Published
- 2024-12-01
- DOI
- https://doi.org/10.55248/gengpi.5.1224.250125
- Primary Topic
- FinTech, Crowdfunding, Digital Finance
- Type
- article
- Field-Weighted Citation Impact
- 0.00