Affiliation:
1. Chitkara Business School, Chitkara University, Punjab, India
Abstract
The rise of the metaverse demands a time of transformation, altering mortal ties and visitors in virtual environments. In the context of the metaverse, robo-advisors are autonomous digital systems designed to assist consumers with financial advice, as a result of the fusion of artificial intelligence and fiscal technology. Robo-advisors play an important role in influencing customer financial attitudes and acting as a medium to assist in rational decision-making. The current chapter comprehends the role of robo-advisiors in influencing financial attitudes, how robo-advisiors operate in the metaverse, and how it serves as a channel for combining behavioral psychology, artificial intelligence, and economics. The chapter focuses on how robo-advisors may be used in the metaverse to channel more logical decision-making in the coming virtual environment and will look at a few examples of robo-advisors and how they fit within the metaverse. Furthermore, it would shed light on various benefits, problems, and issues associated with the use of robo-advisors in decision-making.