Trust in computer algorithms for investing money among millennials 2019, by territory

Published by Statista Research Department, May 23, 2022

A considerable share of millennials worldwide was willing to delegate their investment decisions to a computer algorithm, according to a survey conducted in 2019 among individuals aged between 23 and 35 years. The largest share was recorded in Hong Kong, where 39 percent of the respondents were open to trust algorithms for the management of their investments. The United States followed, with 36 percent of the respondents.

Share of millennials who would trust a computer algorithm for their investment decision worldwide 2019, by territory

Characteristic	I would trust the algorithm	I would not trust the algorithm	I do not know
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

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Release date

June 2019

More information

Region

Worldwide

Survey time period

2019

Number of respondents

3,060 respondents

Age group

23-35 years

Supplementary notes

Millennials are defined by the source as individuals born between 1981 and 1996. This question was phrased by the source as follows: "Would you trust a computer algorithm to invest your money…?"

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