Can ChatGPT Be Trusted for Retirement Planning?

Can ChatGPT Be Trusted for Retirement Planning?
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Mike Valles
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Near the end of 2022, a computer system called ChatGPT was released. It is an artificial intelligence (AI) model that allows anyone to ask questions. It responds using text similar to what a human would write. It is the first of its kind offered to the public, with other models released from other companies since.

Since computers have been used to make investing decisions for years, it would be natural to ask whether or not ChatGPT could make reliable retirement-planning decisions. As a computer, it can provide answers in minutes—if not seconds. ChatGPT has two levels, a free level and a paid one, which makes it cheaper than paying someone for the information.

Tested Against Real Financial Advisers

Some people wanted to test the financial advice offered by ChatGPT and compare it to that given by a professional adviser. The AI model quickly generated answers that had a considerable amount of financial wisdom. Overall, they were good answers and provided a lot of information.
Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
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