Financial Times readers are sharply divided on using ChatGPT as an investment adviser, with some already relying on AI for financial guidance while others express major concerns. The response to a recent column about AI financial advisers revealed a split between early adopters and skeptics about the technology's role in personal finance.

Those embracing AI tools report using ChatGPT for everything from portfolio analysis to retirement planning, finding the technology accessible and cost-effective compared to traditional financial advisers. The convenience of getting instant, personalized advice has attracted users who might otherwise forgo professional financial guidance due to cost or complexity.

However, significant concerns persist about AI's limitations in handling complex financial situations and the risks of relying on algorithms for major financial decisions. Critics worry about data privacy, the lack of human judgment in volatile markets, and whether AI can truly understand individual circumstances beyond basic questions. The debate reflects broader questions about technology's expanding role in personal finance and whether AI can ever replace the nuanced advice of human financial professionals.