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Transcript
00:00They recently conducted an experiment where they fed it the latest economic data,
00:04things like interest rates, what's going on with housing,
00:07and they trained it on some basic financial literacy just to see what it would do.
00:12They let this experiment run for 45 days,
00:15and it picked 38 random stocks that it thought would do well.
00:20Stocks like Johnson & Johnson, Microsoft, Visa, Meta, Netflix, etc.
00:25And between March 6th and April 28th of this year, it was competing against the top 10 most popular funds in the world.
00:34Funds from names you've probably heard of before.
00:36Names like Vanguard, Fidelity, and HSBC.
00:39Now, 35% of the people polled said they never even consider using ChatGPT for investing advice,
00:44but it turns out ChatGPT outperformed those top 10 funds in 40 out of the 45 days they ran the experiment.
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