Do you ask ChatGPT (or chatbots) for financial advice? 5 reasons to stop

A.I Emphasis

The Artificial Intelligence (AI) is increasingly present in people’s lives — from the simplest day-to-day tasks to major decisions. But, with this technology expanding, it is necessary to always be aware of the risks, which can involve everything from health (such as a “diagnosis” made by a chatbot) to financial decisions. Today, we bring you five reasons why you shouldn’t use chatbots to decide about your money.

In an article published on Friday, Wired magazine listed reasons to avoid using chatbots when making financial decisions — and heard from a spokesperson for OpenAI, creator of ChatGPT, who explained that this tool should not be used as a decisive tool.

“Millions of people turn to ChatGPT with money-related questions, from understanding debt to creating budgets and learning financial concepts,” spokesperson Niko Felix told the magazine when OpenAI was asked about the topic.

“ChatGPT can be a useful tool for exploring options, preparing questions and making financial topics easier to understand, but it is not a substitute for qualified financial professionals,” he added. In OpenAI’s terms of use, this guidance also appears clearly.

But, after all, what are the reasons not to trust that much? See five:

In addition to the warning in the terms of use, Wired points out five reasons to think twice before using ChatGPT — or any other chatbot — for financial advice. Check it out below:

    • AI Still Reliably Provides Incorrect Answers
    • Pre-existing beliefs can be confirmed
    • Requires confidential information for better results
    • A chatbot is not responsible
    • Your human consultant may be unmotivated

Source: www.noticiasaominuto.com.br
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