OpenAI is the 'biggest financial adviser in the world'

'The transformative power of generative AI is undeniable’

Sahar Nazir
clock • 1 min read

OpenAI has become “the biggest financial adviser in the world” and has the power to close the advice gap, according to a recent whitepaper released by Multiply AI.

The financial advice technology provider's whitepaper ChatGPT & Generative AI: Revolutionising Customer Experiences in Personal Finance, released last week (3 May), said existing large language models (LLMs) like ChatGPT were "likely to be able to replicate much of the value of a financial adviser – they can answer customer questions, they can recommend actions, recommend providers, and even detail the steps to execute a given recommendation". The paper added: "It's not unreasonable to say that the future is already here. There is an argument to be made that despite OpenAI being unregula...

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