By Admin 
Chatgpt Financial Advice Risk: In the changing digital world, people are using new technologies a lot. AI tools like ChatGPT are also becoming people’s new friend, doctor, writer and financial advisor. From replying to emails to children’s homework, everything is being written using ChatGPT. All these things are fine but many people are also depending on ChatGPT for their financial related matters.
Many people think that all the answers given by ChatGPT are correct. If you or someone you know takes financial advice from ChatGPT, then this news is for you. Trusting an AI platform like ChatGPT can be dangerous for you. Besides, there is every possibility that you may suffer financial loss due to this.
AI advice can cause harm
If you are completely dependent on any AI tool for your financial information, then it can be dangerous for you. Many such cases have come to light in which people blindly trusted the advice of AI and ended up causing financial loss.
AI tools like ChatGPT also say when asked for investment advice that you should get this information from your financial advisor. The information given in ChatGPT may also be wrong. Therefore, before investing, you must take the advice of a financial advisor. Information can be taken from AI but to verify it, advice should be taken from an expert.
Can get information from AI
You can use AI platforms like ChatGPT to get basic information related to tax saving, finance management or investment. Many people also use such tools to understand the market situation and potential risks.
However, it is important to keep in mind that AI platforms do not always provide correct information. Sometimes the information given by it can be misleading and wrong.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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