Human With Ai in Financial Decision-making: the Role of Ai Explainability, Algorithmic Trust and Financial Literacy
Year: 2026
Type: article
Study design: Observational Study
Abstract: The rapid development of artificial intelligence (AI) is bringing significant changes to the way financial information is accessed, analyzed and used for decision-making.AI-based financial tools can process large amounts of information and provide recommendations within a short period, but the usefulness of these systems ultimately depends on how people understand and respond to their recommendations.In this context, the present study examines the role of AI explainability, algorithmic trust and financial literacy in human-AI financial decision-making.The study focuses on whether individuals are more willing and able to rely on AI-supported financial decisions when they can understand the basis of AI recommendations, trust the algorithms involved and possess adequate financial knowledge.Primary data were collected from 320 respondents through a structured questionnaire using a five-point Likert scale.The reliability analysis indicated satisfactory internal consistency, with Cronbach's alpha values above
Institution: Siva Sivani Degree College
Language: English
Subfield: Artificial Intelligence
Field: Computer Science
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W7213639062