Would you trust ChatGBT

Anonymous
If you gave Chat GPT honest and detailed numbers as a gut check and got this response would you trust it?

“Final bottom line

You are in the top tier of retirement security:
• Lifestyle is fully protected
• Market risk is non-threatening
• Taxes are the primary enemy — not spending
• A seven-figure inheritance per child is the base case, not the upside case”
Anonymous
Would I trust a computer model that has a history of simple arithmetic mistakes and serious hallucinations to make one of the biggest decisions of my life. No, no I would not.

Are you being ridiculous as a VHNW individual? Yes, yes you are.
Anonymous
What are you starting with? Seems reasonable around here. $1m is not a lot.
Anonymous
No
Anonymous
Absolutely not

Trump is burning this country to the ground.

We will be lucky if the $ makes it through

Whatever monies you currently have will be worth 1/4 of what they are now.

Below ten million will be poverty level. Yes, it will. Healthcare plan "coming in two weeks" ....... idiots.

You voted for this garbage.
Anonymous
Anonymous wrote:Absolutely not

Trump is burning this country to the ground.

We will be lucky if the $ makes it through

Whatever monies you currently have will be worth 1/4 of what they are now.

Below ten million will be poverty level. Yes, it will. Healthcare plan "coming in two weeks" ....... idiots.

You voted for this garbage.


This is a Wendy's, ma'am.
Anonymous
I would. But I also would have “conversation” with it. Ask probing questions. At the end it should have prompted you with a next step or question to dig deeper or tell you its thought processes… something like “ would you like me to…”?. You can also ask for sources - and determine for yourself if you think they are reliable. All it’s doing is a mega-search on the internet and synthesizing the info - which you could do yourself if you had 1000 hours.
Anonymous
Anonymous wrote:Absolutely not

Trump is burning this country to the ground.

We will be lucky if the $ makes it through

Whatever monies you currently have will be worth 1/4 of what they are now.

Below ten million will be poverty level. Yes, it will. Healthcare plan "coming in two weeks" ....... idiots.

You voted for this garbage.


No I didn’t
Anonymous
Anonymous wrote:I would. But I also would have “conversation” with it. Ask probing questions. At the end it should have prompted you with a next step or question to dig deeper or tell you its thought processes… something like “ would you like me to…”?. You can also ask for sources - and determine for yourself if you think they are reliable. All it’s doing is a mega-search on the internet and synthesizing the info - which you could do yourself if you had 1000 hours.


Same here. Ask for citations, the assumptions it uses and to see the calculations. It’s a great tool to efficiently complete high level analysis. I use it all the time as a starting point, then keep pushing to get substantiation for its assertions.

I ran my retirement projections through last week and it pretty much replicated my financial advisor’s suggestions. I also ran my pathology reports and it provided the same treatment plans as my oncologist and radiologist, but with peer reviewed linked citations.
Anonymous
Yes, it did ask me follow up questions, and I asked it to follow up, and I was still heartened by the answers.
Anonymous
Anonymous wrote:What are you starting with? Seems reasonable around here. $1m is not a lot.
Anonymous
No. My DH has been using it out of curiosity and has found countless errors in the math and misrepresented citations.

Unless you are willing to fact check every point, don’t use it.
Anonymous
Not with my money, no.
Anonymous
Jesus Christ
Anonymous
OP here. We have actually had a real meeting with a real financial advisor. ChatGPT’s analysis and recommendations are basically the same. I can understand why so many are concerned that AI will put everyone out of work . . .
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