Can you use AI tools like ChatGPT to determine which ASX shares to buy?

If you’ve been on the internet in recent months, you’ve likely heard of ChatGPT – you might even be a user. Hundreds of millions of people have already employed the artificial intelligence (AI) chatbot to write essays, create artwork, or even to act as a companion.

But can AI technology help investors identify ASX shares to buy? Let’s take a look.

The role of AI in the investing world

Using AI as a tool when looking to buy ASX shares is hardly new. Indeed, robo-advisors have been around for years, utilising AI or algorithms to offer investment advice or…