How Bad Will It Get? Chat Bots as Financial Therapists
When we went to bed Dow futures were up. When we got up, they weren't. And the real thing is down at 10:15 AM ET about 400 points. Dow Jones Industrial Average Index Index: DJI Compare 45,540.64 USD ▼ -419.47 (-0.91%) today March 27, 9:41 AM EDT · Market Open Sure, we can contact our financial advisors about the portfolio implications. Sell this. Buy that. Do nothing. But there are also the feelings. Most tarot clients come for a session because of the emotional aspects of money. Especially as they approach retirement, are semiretired or can't land work in their late 70s. With chat bots improving so much in the last two years in both tone and content, I advise those clients to turn to AI as a follow-up, available 24/7, with so many free versions. There's not only empathy. There's now wisdom. Jarred again by what's being called a "correction" in markets, I turned to ChatGPT. I plugged in the numbers and asked for candor if I could make it to 90 or even ...