No doubt you are following the carnage that generative AI is wreaking upon industries that employ the wearers of cheap suits or casual wear.
Media, finance, legal services and software stocks were all bloodied last week. The sell-off that interested me was that of wealth managers and brokers.
It was partly due to a start-up called Altruist, which helps analyse portfolios and recommends investment strategies. But surely it was obvious that even the first version of ChatGPT was smarter than most of the spivs trying to flog us European defence funds.
Like almost a billion people, I’ve moved to the 5.2 model of ChatGPT – even cleverer still. How about we put it through its paces then?
After all, what better test than my current portfolio that holds 100 per cent in cash.
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