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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No, I commend you, OP. I think AI should be one part of your planning strategy. Not the only part, of course.

I do this for complex medical issues that I, or my relatives, have had. And then I double-check with my husband, who is an internist, or other doctors who are treating us. ChatGPT has complemented human medical advice very nicely, and my husband was quite impressed.

The only thing I would caution you on is that Chat GPT and other AI models can only give you information they find that's available to them. This means that they will present you with the solutions that are most likely to have been repeated millions of times on the internet. If you want a different strategy than the one most commonly used, for reasons of your own, then AI will not steer you in that direction. It will steer you down the common path. Sometimes that's not what you want.

For example,[b] I am 100% in high tech stocks. [/b]Barring Act of God, I am not planning on changing my strategy for retirement, since my aim is to hand down my high-growth, high-risk stock portfolio to my kids. I don't want to redistribute to "safer" investments as I age, not at all. So the common advice wouldn't work for me.

AI cannot do the thinking for you. It's not actually intelligent, it only regurgitates what it has identified as relevant from its database. It can only present you with commonly used options. [b]As long as you remember this, you're all good.[/b]
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This is a horrible strategy.

Hate to say it, but you should have listened to AI on this one. Sector bets are stupid bets.[/quote]

PP you replied to. Ha. I've made 20 millions so far with my strategy, poor dear. I don't know why you spew nonsense confidently without knowing anything about investing. I am NOT advising OP or you or anyone else to do what I do... I am just telling OP that AI models cannot think for themselves. They can only spit out what their database contains, which means the more frequently suggested and commonly used financial methods. And for many, that's all they want, so it's fine.

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You may have made money in tech, but that's not really how AI works. It's not the equivalent of a Google search.[/quote]

It’s almost like an upgraded superior Google search.    Google was amazing when it was new, now everyone takes it for granted.  Same with AI[/quote]

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