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HomeRight Arrow Media CoverageRight Arrow In the NewsRight Arrow ChatGPT and Trading: Revolutionary or Ridiculous?

ChatGPT and Trading: Revolutionary or Ridiculous?

ChatGPT and Trading: Revolutionary or Ridiculous?

AI has potential benefits in trading, but traders must be cautious of potential risks and drawbacks.

The recent worldwide uproar around Chat GPT shows that it has had its desired effect – a lot of people taking notice and bringing media attention. The education sector has felt its effects, with plagiarism at universities on the rise, and schools having to re-evaluate the whole premise behind homework due to Chat GPT’s simple route to drafting an essay.

The potential of the tool extends far and wide. It’s making itself felt in the trading world and has been heralded as a possible revolutionary piece of technology. However, there are still the sceptics out there who are wary of Chat GPT and AI as a whole. The debate, therefore, rages on: should Chat GPT become a key part of a trader’s armoury? Or should we be ignoring it?

Read the full article on Finance Feeds.