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Pawan Jain, Assistant Professor of Finance, West Virginia University

ChatGPT-powered Wall Street: The benefits and perils of using artificial intelligence to trade stocks and other financial instruments

Markets are increasingly driven by decisions made by AI. PhonlamaiPhoto/iStock via Getty Images

Artificial Intelligence-powered tools, such as ChatGPT, have the potential to revolutionize the efficiency, effectiveness and speed of the work humans do.

And this is true in financial markets as much as in sectors like health care, manufacturing and pretty much every other aspect of our lives.

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