AI-powered Investment Fund Beats the Market

It is only the beginning of AI’s potential.

IBM Watson’s supercomputer excels at the stock exchange, an area in which OpenAI’s ChatGPT is not very good. ETF, an exchange-traded funds (ETF), is using artificial intelligence to balance their portfolio. They have done well this year.

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ChatGPT replied that the stock market is too difficult to predict, and it does not have live stock data. Since 2017, ETF Managers Group in partnership with fintech company Equbot, has used AI to select holdings for the $102 million AI powered Equity ETF (AIEQ). The Vanguard Total Stock Market ETF has seen its returns doubled this year.

Source:
https://interestingengineering.com/innovation/ibms-watson-trumps-where-chatgpt-fails