ChatGPT's $20K Investment: Unveiling Crypto's 130% Surge and AI's Limitations

ChatGPT was entrusted with a $20,000 investment in stocks and cryptocurrencies, yielding a $1,946 profit in a month. Notably, crypto investments outperformed stocks by 130%, with Solana and Rivian leading in returns. ChatGPT's advice encompassed specific allocations for different assets within the budget.

However, ChatGPT displayed limitations by missing out on opportunities such as Meta, despite its positive growth due to Threads, and suggesting investment in Waymo, which isn't publicly traded. Experts advised against relying solely on AI for financial decisions, emphasizing the importance of personal expertise.

In the realm of cryptocurrencies, ChatGPT recommended a significant portion for Bitcoin and Ethereum, along with smaller allocations for other major coins. The experiment showcased the potential of AI and machine learning in shaping trading strategies, particularly in the evolving crypto landscape.

Despite the promise of AI, its reliance for investment guidance was cautioned due to a lack of real-time data visibility. The experiment underscored the need for a holistic approach, combining AI insights with current information and individual analysis to make informed investment choices.

🚀 Recent AI Feats 🚀

1. Robots and Profit Margins: Research from the University of Cambridge reveals that robots' impact on profits follows a 'U-shaped' pattern, initially causing profit margins to drop before rebounding. Analyzing data from 25 European countries between 1995 and 2017, the study shows that robots have a negative effect on profit margins at low adoption levels, but as adoption increases, robots contribute to profit growth. The phenomenon is attributed to the interplay between cost reduction, process innovation, and product development. Firms tend to first streamline processes before transitioning to product innovation, giving them a competitive edge. The study underscores the importance of concurrent adaptation of business models with robot adoption to leverage their potential for developing new products and driving profits.

2. VR Measuring Brain Activity: Researchers from The University of Texas at Austin have enhanced a Meta VR headset with a noninvasive electroencephalogram (EEG) sensor, allowing measurement of brain activity during immersive virtual reality interactions. The EEG-equipped headset offers potential applications such as aiding anxiety treatment, evaluating aviator attention and stress in flight simulators, and enabling a person to see from a robot's perspective. The soft, conductive electrodes in the modified headset provide comfort and usability advantages over traditional EEG setups, paving the way for extended wearing time and new use cases. This technology aligns with a broader project focused on human-robot interactions and remote observation, contributing to a deeper understanding of reactions and safety measures.

🔍 2 AI Tools to Boost Your Productivity 🔍

Guidde: Transform dull documents into captivating visual guides, creating video documentation 11 times faster, and easily share or embed them for team accessibility. Just click capture on the browser extension, and Guidde automatically produces detailed step-by-step video guides with visuals, voiceovers, and call-to-actions.

Kadao: Effortlessly gather web data using the power of AI.