Opinion

What ChatGPT can do for your investments

We test the chatbot to evaluate its capabilities and potential benefits for portfolios.

Tim MackayContributor

Jan 30, 2023 – 12.00am

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ChatGPT: The AI that’s smarter than Siri, funnier than Alexa and will give you the honest truth about your super fund (and your love life, but let’s stick to finances for now). That’s how ChatGPT, the powerful, free chatbot launched in late 2022, suggested this SMSF article should start. Millions of users are testing it to see if it can make life easier for them, and investors are no different.

ChatGPT is more than a glorified search engine. It may pose a threat to the dominance of Google, but let’s not get ahead of ourselves.

Tim Mackay is an independent financial adviser at Quantum Financial.