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Gunjan Banerji

👤 Speaker
54 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
Should You Trust ChatGPT With Your Money?

Professor Lowe said this to me, and I found this as well, which is surprisingly, a lot of these AI models are not that good at arithmetic.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

And I actually found that ChatGPT made a math error very early on in my process that led me to kind of misallocate funds in this made-up scenario.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

I used a stock market simulator to track some of the performance of these trades and moves that ChatGPT was suggesting, and I did find...

WSJ What’s News
Should You Trust ChatGPT With Your Money?

that it initially kind of misallocated how much money I would be leaving in cash.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

So one, definitely double check the math.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

You know, small numbers can have really big implications on investment returns.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

So make sure you're doing your due diligence there.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

I would also advise people to put these models or at least ChatGPT into thinking mode rather than auto.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

And then during my experiment, I started putting ChatGPT into candid mode and that can lead it to be slightly less sycophantic.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

this tendency for some of the models to tell you what you might want to hear.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

That's markets reporter Gunjan Banerjee.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

Gunjan, thanks for your time.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

Thank you.

WSJ What’s News
Should You Trust ChatGPT With Your Money?

This has been great.

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