From stock bots to ChatGPT prompts, artificial intelligence (AI) is not only here to stay, but it’s making its way into aspects of people’s lives where it once might have seemed impossible: investing. While you probably shouldn’t fire your broker or let AI make all of your investing decisions, there are some good uses for it.
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AI is especially useful if you think of it as a tool to support and supplement your investments but not to replace professional advice or other practical expertise.
Here are four ways to use AI for investing that are not only useful but actually quite smart.
Automated, AI-driven online advisors (“robo-advisors”) may not be able to give you a nuanced overview of your specific…
