ChatGPT, the generative artificial intelligence (AI) chatbot from OpenAI, dazzled the world with its introduction and set off the next race in technology as enterprises big and small figure out how to take advantage of the new AI tech and develop their own generative AI applications. Investors are also exploring the possibilities with ChatGPT, which can answer questions directly and pull up difficult-to-find information in just a few seconds.

But how useful is ChatGPT for investing? 

Well, if you're looking for general investment information, the chatbot can steer you in the right direction. But if you want to know something about today's market, like if we're in a bear market right now, you're out of luck. Asking ChatGPT if we're in a bear market gets you a disappointing response. That's because the chatbot says that its training data only goes up to September 2021, so it's unable to provide information regarding anything past that date.

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Source Fool.com