Can AI replace your financial advisor? What to know before turning to tech tools for advice

More Kenyans are turning to AI tools like Gemini and ChatGPT for quick, affordable financial advice once reserved for costly human advisors.

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When Reuben Thiongo, 27, wanted to learn about real estate investment trusts (Reits), he quickly turned to Google Gemini. A few years ago, he would have had to book an appointment with a financial advisor and pay up to Sh10,000 for a one-hour session.

Like Reuben, an increasing number of Kenyans are turning to artificial intelligence (AI) to manage their personal finances and investments.

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Note: The results are not exact but very close to the actual.