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Reply to "You're going to think I'm crazy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]AI is a joke when it comes to financial planning. If you don't know your shit and you don't want to invest time in learning about the different aspects of investing, seek out a fee only financial planner.[/quote] Disagree. AI is an incredible tool for asset planning. I play around with multiple different assumptions to understand how I'll fare in various scenarios. I do all the other work, too, but AI is so much more efficient than creating my own spreadsheets. Definitely don't need a financial planner, though I still find a tax adviser helpful. [/quote] I guess it's ok to assist with particular tasks or to get a good laugh, but nobody who knows anything about investing is relying on AI for much, at least at this point. [/quote] It's a tool, and most people under 30, including those in finance, rely on it heavily. If you're not using it, you're inefficient. [/quote] That makes sense because the only people who seem to be impressed with chatgpt are people who don't seem to know anything.[/quote] There's a lot more AI than ChatGPT out there, and the people who seem impressed by AI are those who are too lazy to learn how to use it well. It's getting better every few months at doing parts of my job and has probably improved my efficiency by at least 25% net of the ways it sometimes slows me down. [/quote] I'm sure it depends on the application. It sucks for investing/personal finance type stuff. What is the point if you have to verify the results or use another AI to verify lol. People are getting horrible results that are just unreliable. It's not because they don't know how to use it. [/quote]
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