The current "vibe check" for AI is low (2/10), but there's significant interest in developing AI traders, despite challenges with human inaction on AI-generated insights.
A Reddit user's experiment showed ChatGPT managing a stock portfolio and outperforming the market, leading to predictions of AI-driven market crashes, AI-optimized press releases, and the emergence of AI investment clubs and "prompt engineers" for financial advice. @gregisenberg
Day trading is expected to be dominated by AI within 18 months, with retail investors likely having AI trading assistants by 2027, and new financial products like "winning prompts" and social networks for AI trading strategies emerging.
The rise of AI in finance will prompt new SEC regulations for "algorithmic investment advice" and could lead to "AI flash crashes" and "algorithmic insider trading" scandals.
Apple is anticipated to acquire Anthropic, as Apple needs a stronger Large Language Model (LLM) than its own.
OpenAI is reportedly launching GPT-5 soon, featuring a massive token window, multi-context processing, dynamic reasoning, and integrated tools like Code Interpreter, while ChatGPT is introducing a "study mode" for step-by-step problem-solving.
@Diesol @radshaan
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