I used ChatGPT backed up by Claude to help me set up a personal system of investment that appears to be pretty successful. In reality anyone could have done it since the primary advantage is investing $900 every month into a variety of ETFs. It damn near has to e successful no matter what but having an AI work through the process and then taking that to another AI to say what do you think was a good exercise.
Today I heard about a new financial arm of ChatGPT that would allow it to connect directly to banks and investment companies to aggregate and analyse and inform. I thought that would be useful so I asked ChatGPT about it.
The response basically said that it was being set up for investment companies to use (as opposed to individuals) which makes sense. But the last couple of lines were genuinely AI humor.
The old Wall Street saying still applies: “Trust, but verify.” Except now the junior analyst never sleeps and occasionally invents revenue streams out of thin air.
no subject
Date: 2026-05-16 17:46 (UTC)"Frankly, the older I get watching financial systems, the more I think:
boring + automated + understandable usually beats clever.
Wall Street makes its money convincing people otherwise."
It basically describes my financial literacy and process.