Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.
This is the part people should realize, AI has been developed for many years now, technically speaking we could say that it has been developed for decades as well, we have never been this close and there was a breakthrough and that is why it's more popular right now. It wasn't this public before, but it got more and more public.
If anyone remembers, there were AI chatbots back in the day, you would make it say things and it would develop based on what it learns, but people didn't let it learn real things and made it like nazi or something as a "fun" thing, to mock it basically. This time it's a bit more closed down publicly from central companies to develop it, but public to use it and that way it does pretty decently and I bet it will get even better.
Right, it's been there for more than a decade. Chatbots are literally AI and people aren't just looking at it as one because of the branding success of what chatgpt and other companies that have an AI project and product.
Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.
ChatGPT is without a doubt the best chatbot that has existed, however an AI dedicated exclusively to trade the markets has been on the making for a very long time, however we do not hear about it as trading and investing firms keep their research under strict secret as they know that any advantage they may gain can be the difference between making a fortune or not.
It is because of this so many talented people work at those firms, as they need all kind of people developing mathematical models and improving their AI to keep themselves competitive against other financial firms.
Yup, those bots that we've used for trading. They've been there long time ago and it's not just one but many of them. Only a few became recognized and maybe somehow that only a few traders gets to have the advantage of using those.