Artificial Intelligence's AI Chatbot GPT Predicts Stock Market with … – Fagen wasanni
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Fagen Wasanni Technologies
The AI chatbot GPT has traditionally refused to provide investment advice. However, a research team from the University of Florida has found a way to extract stock market tips from the AI.
The researchers utilized a single input prompt to determine the sentiment of the news. Despite its limited capabilities, GPT was able to make positive predictions over time, resulting in profitable outcomes.
Investor enthusiasm for Artificial Intelligence (AI) has propelled the S&P 500 to a year-to-date increase of 18 percent. The majority of these gains can be attributed to mega-cap stocks that are involved in this technology.