The Impact of ChatGPT on Investing with Alejandro Lopez-Lira
Excess Returns
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Chai Jipitik GPT Forecast Stock Price Movements Return Predictability
The number of analysts, it's going to be the same. So instead of like an analyst producing one report per day, let's say now they may be able to produce three. Or two is that companies would just be most more comfortable investing in more companies. Now we've seen this before, right? Like a free internet era. It was so much harder to gather information and to manually like search within a text. I would expect the industry to change a lot, but the impact of the actual jobs is clear.
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