Cultural relativity in consumers' rates of adoption of artificial intelligence
研究了不同文化背景下消费者采用银行人工智能服务的差异，发现采用率受文化影响，且与社会资本而非对新颖性的恐惧相关。
Abstract Artificial intelligence (AI) is a cost‐efficient innovation that challenges customers' consumption patterns and fears of uncertainty. This study assesses whether the likelihood that consumers adopt AI in banking services depends on tastes across different cultures. We propose a culturally‐augmented Arrow–Bilir–Sorensen model to assess the propensity that consumers use AI. Analyses of a unique ING Bank dataset encompassing 11,000 respondents from 11 countries reveal that success rates for the diffusion of robo‐advisory financial services in retail banking vary substantially due to the cultural boundedness of choice. This bias seems to be associated with social capital rather than the fear of novelty.