How Can Artificial Intelligence Revolutionize Global Financial Literacy?

Abstract

This research explores the global challenge of low financial literacy and examines how artificial intelligence (AI) can be leveraged to improve financial knowledge and decision-making. Despite growing access to financial services, millions of individuals still lack a basic understanding of concepts such as interest, budgeting, and risk. The paper highlights how AI-powered tools, such as personal finance assistants, robo-advisors, and conversational bots, can deliver personalized, real-time education that empowers users to make smarter financial choices. By enhancing accessibility and engagement, AI offers a pathway toward greater financial inclusion, reduced inequality, and long-term economic stability.