ChatGPT outperforms money managers, as Americans flock to AI for investing advice

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Getty Images/Eugene Mymrin

Almost overnight, ChatGPT, the runaway, conversational, large language model (LLM) AI hit created by OpenAI has found itself yet another role to play within American society — that of stock market guru.

In a survey of 2,000 Americans conducted by investment advice website The Motley Fool, 47% of US adults reported using ChatGPT to glean advice on stock market picks. In a sign of things to come, 45% said that they would be comfortable with only using the AI model for stock picking.

Also: How to use ChatGPT: Everything you need to know

Hopefully, the survey…

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