{"id":1925416,"date":"2023-05-06T00:40:56","date_gmt":"2023-05-06T04:40:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chatgpt-built-a-stock-portfolio-outperforming-several-popular-funds\/"},"modified":"2023-05-06T00:44:14","modified_gmt":"2023-05-06T04:44:14","slug":"chatgpt-built-a-stock-portfolio-outperforming-several-popular-funds","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chatgpt-built-a-stock-portfolio-outperforming-several-popular-funds\/","title":{"rendered":"ChatGPT&#8217;s Stock Portfolio Beats Popular Funds."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchatgpt-built-a-stock-portfolio-outperforming-several-popular-funds%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1925416&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>ChatGPT&#8217;s AI-Powered Stock Portfolio Outperforms Popular UK Funds<\/h2>\n<p>ChatGPT, the AI tool that has taken the market by storm, has built a stock portfolio that outperforms the most popular funds in the United Kingdom, according to a new report by Australian financial services company Finder. The generative AI system selected 38 stocks based on criteria such as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chatgpt-built-a-stock-portfolio-outperforming-several-popular-funds\/\" title=\"ChatGPT's Stock Portfolio Beats Popular Funds.\">low debt levels<\/a>, sustained growth, and assets that generate an advantage over their competitors. The portfolio has risen nearly 5% in value over the past eight weeks, outcompeting the average earnings from funds created by Vanguard, Fidelity, and HSBC.<\/p>\n<h3>How ChatGPT Selected the Stocks<\/h3>\n<p>ChatGPT was provided with data from the 10 most popular British investment funds and asked to choose stocks for a portfolio. The AI system selected companies such as Coca-Cola, Visa, Accenture, Amazon, Intel, Mastercard, and Berkshire Hathaway based on specific criteria. <\/p>\n<ul>\n<li>Low debt levels<\/li>\n<li>Sustained growth<\/li>\n<li>Assets that generate an advantage over their competitors<\/li>\n<\/ul>\n<p>The portfolio has outperformed the average returns of the 10 funds, which have declined nearly 1% over the same time horizon, according to an analysis posted by Finder.<\/p>\n<h3>ChatGPT&#8217;s Other Competencies<\/h3>\n<p>ChatGPT has demonstrated several competencies over the past several months, including investment management. The tool, created by OpenAI with investments from various technology firms, has earned a grade between B and B- on a final exam presented to graduate students at the University of Pennsylvania\u2019s Wharton School. It has also performed near or above the passing threshold for the United States Medical Licensing Exam and earned passing scores on the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/5-pennsylvania-gop-senate-candidates-refuse-philadelphia-inquirers-grossly-biased-survey-torch-paper-as-a-biased-rag\/\" title=\"5 Pennsylvania GOP Senate Candidates Refuse Philadelphia Inquirer\u2019s Grossly Biased Survey, Torch Paper As A \u2018Biased\u2019 \u2018Rag\u2019\">multiple-choice section<\/a> of the bar exam.<\/p>\n<h3>Concerns About AI<\/h3>\n<p>While many <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/slack-gpt-artificial-intelligence-is-coming-to-workplace-messaging-platform\/\" title=\"AI is coming to Slack messaging platform.\">knowledge workers stand<\/a> to gain from ChatGPT and similar tools through increased productivity, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mortality-among-white-collar-workers-jumped-24-percent-between-2020-and-2021\/\" title=\"Mortality Among White-Collar Workers Jumped 24 Percent Between 2020 and 2021\">white-collar industries<\/a> are the most likely to see widespread technological unemployment as a result of generative AI developments. Some technology experts have warned about the possible effects of AI and contend that government officials should temporarily mandate a pause in development of the technology. <\/p>\n<p>Elon Musk, a co-founder of OpenAI who has since resigned his seat on the company\u2019s board, and Steve Wozniak, a co-founder of Apple, made headlines after they endorsed an open letter that called for a six-month moratorium on developing AI solutions. Geoffrey Hinton, a computer scientist who pioneered the neural network method which serves as a basis for AI innovations, resigned from his position at Google over his concerns about the technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ChatGPT, the mass-market artificial intelligence tool which has gained widespread popularity over the last six months, built a stock portfolio that is outperforming the most popular funds in the United Kingdom, a new report has found. Researchers at Australian financial services company Finder provided ChatGPT with data from the 10 most popular British investment funds<\/p>\n","protected":false},"author":99,"featured_media":1925417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[8080,19930,4543,7808,25973,4359],"class_list":["post-1925416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-beats","tag-chatgpts","tag-funds","tag-popular","tag-portfolio","tag-stock"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1925416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1925416"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1925416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1925417"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1925416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1925416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1925416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}