The world of artificial intelligence is evolving, and #ChatGPT is leading the charge. In a bold experiment by #NewsBTC , ChatGPT was handed a $20,000 investment portfolio, spanning both stocks and cryptocurrencies. The results? A staggering profit of $1,946 in merely a month!
Cryptocurrencies stole the show, delivering 130% more returns than stocks. Among the stars were Rivian and Solana, with Solana doubling Bitcoin's ROI. Jonathan Millet of NewsBTC was both impressed and surprised, especially noting Solana's meteoric rise. However, he found it curious that ChatGPT overlooked Meta, especially in light of its recent Threads launch, a rival to Twitter.
Yet, it wasn't all smooth sailing. ChatGPT's recommendation to invest in Waymo, a non-publicly traded entity, raised eyebrows. Todd Stearn, The Money Manual's CEO, highlighted this, reminding investors of the value of human intuition in financial ventures.
In essence, while AI tools like ChatGPT are breaking barriers in investment strategies, they're not infallible. Investors should blend AI insights with human judgment for the best outcomes.