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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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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Calastone. (June 18, 2019). Share of millennials who would trust a computer algorithm for their investment decision worldwide 2019, by territory [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1238952/trust-in-investment-algorithms-among-millennials/
Calastone. "Share of millennials who would trust a computer algorithm for their investment decision worldwide 2019, by territory." Chart. June 18, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1238952/trust-in-investment-algorithms-among-millennials/
Calastone. (2019). Share of millennials who would trust a computer algorithm for their investment decision worldwide 2019, by territory. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1238952/trust-in-investment-algorithms-among-millennials/
Calastone. "Share of Millennials Who Would Trust a Computer Algorithm for Their Investment Decision Worldwide 2019, by Territory." Statista, Statista Inc., 18 Jun 2019, https://www.statista.com/statistics/1238952/trust-in-investment-algorithms-among-millennials/
Calastone, Share of millennials who would trust a computer algorithm for their investment decision worldwide 2019, by territory Statista, https://www.statista.com/statistics/1238952/trust-in-investment-algorithms-among-millennials/ (last visited August 24, 2024)
Share of millennials who would trust a computer algorithm for their investment decision worldwide 2019, by territory [Graph], Calastone, June 18, 2019. [Online]. Available: https://www.statista.com/statistics/1238952/trust-in-investment-algorithms-among-millennials/
