ChatGPT won’t help you beat the stock market, but has other uses

Around 50% of Gen Zers and a little over half of millennials have used ChatGPT, OpenAI’s viral AI chatbot, for investing advice, according to a recent survey of over 2,000 Americans by The Motley Fool, a financial and investing advice company.

That’s despite the fact that OpenAI prompts ChatGPT users with a warning that it sometimes “writes plausible-sounding but incorrect or nonsensical answers” and that the tool is not intended to give advice.

But letting AI build your portfolio probably isn’t the best investment strategy anyway.

“It is by…