A basket of stocks selected by ChatGPT, a chatbot powered by artificial intelligence (AI), has far outperformed some of the most popular investment funds in the United Kingdom.

Denis Bolkovskis

Anthropic

Community Picks is a section on daily.dev where our community members share the most interesting and valuable content they've discovered online. From insightful articles to handy tools, every post is a gem curated by our dedicated coomunity. To contribute to Community Picks, you need to have at least 250 reputation points, ensuring that only active and trusted members can share their finds.

Community Picks

ChatGPT has far outperformed some of the most popular investment funds in the UK. Between March 6 and April 28, a dummy portfolio of 38 stocks gained 4.9% while 10 leading investment funds clocked an average loss of 0.8%. Microsoft, Netflix, Netflix and Walmart were among the companies selected.

ChatGPT can pick stocks better than your fund manager

<p>Well of course, your fund manager being employed by an organization with vested interests in shaping market demand and activity to create specific economic conditions and the courts being unlikely to enforce the whole “fiduciary” thing especially in diffusive situations such as that, the fund manager is responding to incentives and pressures which ChatGPT is not nor is it swayed by really as it is an aggregate of human data. <strong>Duh</strong></p>
