Poll: The Rise Of AI 🤖

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JP Morgan is working on AI software similar to ChatGPT to assist in selecting investments, do you trust AI to invest more than yourself? 🤔

This week we asked Invstr’s what they felt about AI assisting in selecting investments.  In first place 48% of Invstrs believe that there’s space for both AI and them in the decision-making process. They see AI as a handy tool that can assist them while still relying on their own smarts and know-how. It’s like a partnership. In second place 25% of the participants who actually trust AI. They think these bots can crunch data super quickly and make sense of it all. And hey, who can blame them? AI’s got the power to analyze massive amounts of information in a flash. It could help them spot opportunities that might be hard to catch on their own. But hold on, not everyone’s on the AI train. In thrid place 17% of the respondents were skeptical. They valued their own understanding and expertise and were hesitant to put all their faith in AI. Plus, they had concerns about possible market manipulation. It’s totally fair to want to be cautious when it comes to trusting these fancy algorithms. And then lastly there were 10% who just weren’t sure what to make of it all. They were like, “Hey, let’s see how this AI stuff plays out over time.” They weren’t against it, but they wanted to wait and watch before jumping in fully. Can’t blame them either, you know? It’s always good to see how things pan out before going all-in. So, the poll really showcased a range of opinions on AI and investing. Some people were all for it, others had reservations, and some were just hanging back to see how things unfold. Opinions are still forming as we explore the potential of AI in the investment world. Exciting times are ahead!

Have fun and see you next time with more poll results!

  • The Invstr Team 🙂
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