Chat GPT: A Party Game

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

GPT is kind of like a party game. What made it popular is that it responds in certain literary styles. So sandwiches, VCRs, King James Bible style of writing put those things together and it did it decently well. It's very good with its style and I think that's fun. Is it useful for us with investing? No. But it could be a really good learning tool in that regard.

With financial advising services trying their best to convince you that they can set you up with the life of your dreams, how can the cold, emotionless AI bots compete with their human counterparts?

The latest iterations of chat AI tools range from fun gimmicks to incredibly useful tools, but it’s important to approach them with caution. Whether it’s limited knowledge, problems interpreting data, or even the occasional hallucination, these tools are far from perfect.

On this week’s episode, Phil and Danielle continue their discussion about ChatGPT and what the future could hold for a society dependent on AI.

For help avoiding mistakes and making smarter investing decisions, click here for you free copy of 10 Do’s and Don’ts of Successful Investing: https://bit.ly/40z6gkx

Topics Discussed:

Resources Discussed: