Ask ChatGPT how an Australian investor can gain exposure to AI, and it’ll rattle off the usual suspects: ChatGPT creator Microsoft, Google parent Alphabet, the skyrocketing Nvidia and Intel.

Locally, ChatGPT says investors should consider BetaShares’ robotics and AI ETF, software provider Elmo for its “AI-powered HR and payroll solutions”, and data sourcing and preparation company Appen, due to its focus on “providing high-quality training data for machine learning and AI applications”.