Commenting on the potential of ChatGPT as a financial advisor, SMU Assistant Professor of Finance (Education) Aurobindo Ghosh said that chatbots' ability to offer scenario planning could lead investors to “start believing ChatGPT is a qualified financial advisor”. Asst Prof Ghosh added that, in reality, those results are based on different analyses of past data or, more likely, what is available on the web, and therefore cautioned against relying on ChatGPT or other forms of generative artificial intelligence when seeking investment advice.
