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Reply to "Would you trust ChatGBT"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=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 . . .[/quote] AI is a joke when it comes to personal finance. If you think it's a replacement for a person with experience and knowledge, go on bogleheads and look at the crazy responses AI came up with when passed with basic questions. The only people I know using AI in this way are crypto bro types. [/quote] Yea well I disagree. If you know nothing about the subject then yes you’re taking a chance. But if you approach the discussion with ChatGPT with some knowledge it can be extremely useful and accurate. To me, it’s like using an Internet translator. If you know nothing about the language you’re asking to have translated it can make big mistakes. But if you know the language a little bit, you’ll catch them easily. Same with Chat GPT.[/quote] I was at a holiday dinner with two of DS GenZ friends who are experts on ChatGPT (one is a manager running it for defense contracting and one is an ethics expert with a math degree on his way to a phd) and both said it’s expertise is telling you what you want to hear. Based on my limited use, that sounds correct. Caveat emptor. [/quote]
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