In this article, we will be taking a look at 10 stocks recommended by ChatGPT. To skip our detailed analysis of ChatGPT and developments in artificial

10 Stocks ChatGPT Says Will Make Me Rich in 10 Years

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2023-03-16 16:00:08

In this article, we will be taking a look at 10 stocks recommended by ChatGPT. To skip our detailed analysis of ChatGPT and developments in artificial intelligence, you can go directly to see the 5 Stocks ChatGPT Says Will Make Me Rich in 10 Years.

One of the biggest developments in artificial intelligence (AI) seen so far is the emergence of ChatGPT and similar AI chatbots. ChatGPT was developed by OpenAI, an AI research and deployment company. The chatbot uses deep learning techniques to generate responses to text inputs in the form of a conversation with the user. Ever since its release, ChatGPT has taken the world by storm, making researchers, users, and even investors even more curious about the artificial intelligence sector and what it has to offer.

AI was first deployed in the finance sector years ago, but the speed of its incorporation in the sector was sped up during the COVID-19 pandemic. Since then, it is expected that AI in finance will drive competitive advantages for financial firms. According to a report published by the Organization for Economic Co-operation and Development in 2021, AI can improve firms' efficiency through cost reduction and productivity enhancement, leading to higher profitability. It can also enhance the quality of financial services and products. Because of the benefits AI offers to the financial sector, global spending on AI in the private sector has been steadily increasing. Between 2020 and 2024, spending on AI was forecast to rise from $50.1 billion in 2020 to over $110 billion in 2024.

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