ChatGPT Stock Picks Outperforming 70% of Funds with AI as Investment Partner

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Benzinga’s ongoing series, Is ChatGPT a Better Financial Advisor? is now on its sixth week, with the AI portfolio proving its worth in the investment arena. OpenAI’s ChatGPT was tasked with building an investment portfolio with a hypothetical $10,000 and outperforming the leading US equity funds. So far, ChatGPT is outpacing seven of the top 10 funds, maintaining a solid fourth place with a gain of 7.21% since last week. Tesla Inc (NASDAQ:TSLA) remains the standout performer, up an impressive 59%, while Nike Inc (NYSE:NKE) struggles at -6.27%. The ChatGPT portfolio is performing so well that AI indeed has a seat at the investment table. It’s worth noting that this experiment is not intended to promote AI as a replacement for human financial advisors, but as a tool to assist in investment decisions. Fluctuating leaderboards should be expected as investing is a marathon, not a sprint. Join Benzinga next week for another installment of this exciting series.

See also  Boston Healthcare Professionals Close to Achieving Holy Grail of ChatGPT.

Frequently Asked Questions (FAQs) Related to the Above News

What is ChatGPT?

ChatGPT is an AI language model created by OpenAI.

What was ChatGPT's task in the investment arena?

ChatGPT was tasked with building an investment portfolio with a hypothetical $10,000 and outperforming the leading US equity funds.

How has ChatGPT's investment portfolio been performing?

ChatGPT's investment portfolio is outpacing seven of the top 10 funds, maintaining a solid fourth place with a gain of 7.21% since last week.

Which company in ChatGPT's portfolio has been the standout performer?

Tesla Inc (NASDA

Is ChatGPT replacing human financial advisors?

The experiment is not intended to promote AI as a replacement for human financial advisors, but rather as a tool to assist in investment decisions.

Should fluctuating leaderboards be expected in the investment arena?

Yes, fluctuating leaderboards should be expected in the investment arena, as investing is a marathon and not a sprint.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Aniket Patel
Aniket Patel
Aniket is a skilled writer at ChatGPT Global News, contributing to the ChatGPT News category. With a passion for exploring the diverse applications of ChatGPT, Aniket brings informative and engaging content to our readers. His articles cover a wide range of topics, showcasing the versatility and impact of ChatGPT in various domains.

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