Do not rely on me or any AI chatbot for stock market advice, says ChatGPT
If you are a new investor and looking for some stock market advice then there are multiple ways to do so. You can undergo a course online, attend some valuable seminar (s), speak to friends who are avid investors and most importantly, approach a Sebi-registered investment advisor. Additionally, one source of information i.e., ChatGPT, where you have started going lately for almost every important detail is not recommended. Say who? Well, chatgpt itself. Sounds strange but true!
In response to a prompt where a user asked whether it is advisable to ask ChatGPT for investment-related advice such as stock market investing, it says “it’s generally wise not to rely solely on ChatGPT—or any AI chatbot—for investment advice, especially for making real-money decisions like stock market investing.”