Successful long-term investing needs a blend of art and science, with a healthy dose of psychology layered on top - and AI has potential in all three areas, writes Ben Kumar
Since ChatGPT was introduced in November 2022, more than 100 million people are using the AI chatbot to answer questions, solve problems and, for some reason, write vast amounts of poetry involving everyday items. New technological developments are always an exciting topic, and people have taken to asking the mega-popular chatbot to build investment portfolios. ChatGPT has produced some reasonable approaches to long-term asset allocation - broadly diversified, plenty of growth assets, a few defensive ones, maybe the odd sprinkling of gold or property - and it has got us thinking about...
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