Using AI to grow and manage your investments
One of the things I’ve noticed recently is the huge adoption of AI tools into our everyday lives. ChatGPT has around 180m monthly users and 122m daily users, meaning roughly 68% of its monthly base is active each day over the past three months.
It’s not ChatGPT. Google is implementing AI into workspaces and android devices. Meta is on a hiring spree, X is breaking benchmarks, and the rest of the world is catching up.
One of the things I’ve noticed is the use of AI in financial analysis and planning. You no longer need to go to an expensive advisor or planner and pay thousands of dollars, wait for weeks and sift through a hundred-page document.
You can do your personal finance, stock market investment, real estate investment and business planning inside your AI with excellent precision and speed.
I explore the implications of this in my latest audio episode below.
I expect to see more individual investors using AI to build a basic investment framework and research system, previously unaccessible and expensive. The world is changing, and the performance gap between those who use AI for their investments, and those who don’t, will continue to wide.