<story><title>Does generative AI facilitate investor trading? Evidence from ChatGPT outages</title><url>https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4872189</url></story><parent_chain></parent_chain><comment><author>ProllyInfamous</author><text>Background: I am personally a long-term value investor (&lt;i&gt;a la&lt;/i&gt; Sir Templeton &lt;i&gt;or&lt;/i&gt; Buffet †), but annually breakfast with a retired &amp;quot;numbers guy&amp;quot; (who&amp;#x27;s currently building his short-term trading strategy). For decades he worked finance for among the largest accounting firms in the world...&lt;p&gt;Since 2016, our mutual friend and I have been adamently suggesting he look into &amp;quot;this bitcoin thing&amp;quot; — his response was typically [disinterested].&lt;p&gt;At a recent breakfast, it was explained how &amp;quot;talking with ChatGPT finally convinced [him] that &lt;i&gt;you guys have been correct about Bitcoin all along&lt;/i&gt;.&amp;quot;&lt;p&gt;When asked &amp;quot;what did ChatGPT explain to you that we two humans could not?!&amp;quot;&lt;p&gt;His response was simply &amp;quot;I never got embarrassed asking the computer &lt;i&gt;any&lt;/i&gt; finance questions, even stupid&amp;#x2F;simple ones; I&amp;#x27;ve always been &lt;i&gt;the finance guy with answers&lt;/i&gt; so I forgot how to be humble in unexplored topics.&amp;quot;&lt;p&gt;Pretty damn humbling, indeed; now if only he had listened back in 2016 =D&lt;p&gt;†: &amp;quot;Time &lt;i&gt;in&lt;/i&gt; the market beats &lt;i&gt;timING&lt;/i&gt; the market.&amp;quot;</text></comment>
<story><title>Does generative AI facilitate investor trading? Evidence from ChatGPT outages</title><url>https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4872189</url></story><parent_chain></parent_chain><comment><author>joering2</author><text>I think lately results of chat went downhill. I got used to asking &amp;quot;are you sure about that&amp;quot; after each chat answer to my question, and to most of the time the answer is &amp;quot;you are right, here is how I was wrong&amp;quot;.</text></comment>