To make matters worse about the AI - Jamie Dimon (CEO and billionaire) of $JPM announced on Thursday that JPMorgan is currently already developing a ChatGPT-like AI app that will give personalized investment advice and recommendations to the bank's clients.
That's what foam looks like. I don't have a bank in my portfolio yet but I will probably consider buying a big bank eventually because after all, you can see how the big banks are doing and are still stable.
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It's definitely interesting. I would take it as some new information, but I probably wouldn't rely on AI alone.