Investors are asking ChatGPT for stock market advice

It seems like people are using chatbots like ChatGPT for everything these days: writing cover letters, coming up with meal plans, you name it. One listener wondered: Are investors using AI to make stock market picks? We’ll get into it and answer more of your questions about why other countries use the U.S. dollar instead of their own currency and the origins of the phrase “knock-on effect.” Here’s everything we talked about today: “How people are using AI for stock market picks” from Marketplace “Battle of the Bots: Which AI is Better at Picking Stocks?” from Investopedia “Dollarization Definition, Impact, Example” from Investopedia “More than two dozen countries and territories use the US dollar as currency” from Business Insider “Understanding the Downfall of Greece’s Economy” from Investopedia “Why Is The Fed Sending Billions Of Dollars All Over The World?” from NPR “‘Knock-on” (effects)” from Not One-Off Britishisms “Anatoly Liberman on the origin of familiar words and phrases” from MPR “This is why alcohol doesn’t come with nutrition facts” from Vox “Why Your Booze Doesn’t Have a Nutrition Label” from EatingWell Got a question for our hosts? Leave us a voicemail at 508-U-B-SMART or email us at [email protected].