In the ever-evolving landscape of finance, artificial intelligence (AI) has been making steady strides. One development that recently caught my attention was the performance of OpenAI’s ChatGPT in stock trading.
The advanced AI model selected a portfolio that outperformed the S&P 500 SPX as well as some of the most popular investment funds in the U.K. Over an eight-week period, the AI-powered portfolio of 38 stocks gained 4.9% while the S&P 500 rose 3%, and top-10 investment funds in the U.K. saw an average loss of 0.8%.
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