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Wall Street Journal reporter asked Chat GPT for investment advice to see if AI could really realistically manage a
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stock portfolio. Chat GPT generally identified market risk, but also made simple math mistakes, suggested
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questionable market timing strategies, and sometimes veered into overly complex ideas. The chatbot often told the user
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what they seem to want to hear, even when its advice may be flawed or risky. Sounds like a lot of brokers I know. Any
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thoughts? >> I'm guilty of this. I've been asking Claude like crazy, using co-work to come
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up with different options and hedging strategies and to identify stocks. I'm
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guilty of it. I love the markets. I like to gamble. It's my means of gambling.
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And I find it interesting what it says. But here's the bottom line. Ken Griffin
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will hire 2,000 PhDs and he will weaponize them with AI and they will outperform the market. But you believing
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with your $20 a month claude coowork weapon can compete against these folks. You are showing up with a very elegant
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square gun and they have a [ __ ] howitzer. I do think AI is going to be a huge unlock. People should use AI to try
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and pick stocks. I just don't think they should buy them. I think it's fascinating to see the logic to see what
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it comes back with to start asking it more questions. I mean, you should all try it out to see what happens and do
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one of those tests. But this was a great article in the journal and I think it showed that it's not as ready for prime
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time as they say.