ChatGPT, which was launched six months ago and has been making a big noise in every field since then, has also started to be used in stock market transactions. The experiment started with only 1 investor and 50 thousand dollars in this regard, reached a portfolio size of 27 thousand 500 investors and about 18 million dollars in a few weeks.
Two entrepreneurs named Chris Josephs and Brian Schardt founded The GPT Portfolio on May 5, based on a CNN news story titled “ChatGPT can make better choices in stocks than your fund manager.”
Friday Mondays, this artificial intelligence model, which they integrated into their own startup copy-trade application Autopilot, was configured to make purchases every Monday, keep it for two weeks and dispose of the stock on Friday. Artificial intelligence analyzes 10 thousand news stories on a weekly basis to select the best 100 companies, and then determines 20 shares by examining the financial statements to determine the companies to invest in. One of the goals of the model is to determine whether the finding of a study conducted at the University of Florida about ChatGPT is correct. In the said research, it is stated that the trading algorithm created with ChatGPT provides a 500 percent return.
In the experiment launched about a month ago, the rate of return achieved so far is 2 percent. the
amount of 50 thousand dollars also reached 50 thousand 925 dollars. More and more users continue to participate in the experiment every day. #ChatGPT #BTC #Binance #Ethereum #crypto
