How the Modern Age of Technology has Affected Young Individuals' Financial Literacy and Investment Opportunities

The ways technology has impacted the information that is accessible and readily available on financial literacy and investment opportunities is greatly significant and has opened a plethora of new opportunities to the next generations. With online resources free and at the touch of a button individuals can learn about investing before they are an adult (18 years old) that way when they turn 18, they are able to jump on this great opportunity, setting them up for greater financial stability. By conducting a logically set up survey of older and younger individuals, those that had and had not yet invested results of the power of technology on investing were dramatically shown. Younger generations had a much greater understanding of investing and how to find more information, whereas older generations were playing catch up learning this information now as they did not know about investing before they were an adult. The survey also suggested that while this information is readily available, individuals still must have the desire to seek it out and after learning from these more accessible resources act on the information and invest. This is now where a roadblock is being seen and where AI could potentially begin to play a larger role.