AI overtakes advisers as top tool for young Singapore investors

However, nearly half of the respondents reported negative experiences with AI tools due to outdated data, among others.

AI has overtaken all other sources of investment information among young Singapore investors, with 56% naming it their primary tool, ahead of licensed financial advisers and other traditional channels.

Speed, clarity, and practical utility were cited as key reasons for this shift, according to new research by Blackbox.

Despite this universal uptake, nearly half of respondents (46%) reported negative experiences with AI tools, mainly due to outdated data and inaccurate or hallucinated predictions. These issues have introduced caution into what is otherwise a strong adoption.

Privacy, explainability, and human oversight emerged as top priorities for investors when asked what they want from future AI investment tools. Whilst AI is seen as highly useful, respondents made clear that trust in its outputs still hinges on transparency and control.