Almost 25,000 investors have signed up to trade alongside ChatGPT's AI-powered GPT Portfolio experiment from copy trading firm Autopilot. The traders have bet a combined $14.7 million on the AI’s stock picks, which would average about $600 each if they all invested after signing up. The GPT Portfolio gets the AI to analyze 10,000 news articles and 100 company reports to select 20 stocks for the $50,000 portfolio updated each week. After two weeks, the portfolio is up around 2%, which is pretty much the same as the stock market. However, it's worth being careful using AI for trading as Bitget recently abandoned its experiment of using AI on their platform due to potential misinformation issues.
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