Friday , October 4 2024
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ChatGPT ain’t so smart

Summary:
I asked it an economic question and oh brother, was it wrong. 

Topics:
Mike Norman considers the following as important:

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I asked it an economic question and oh brother, was it wrong. 
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

21 comments

  1. @ricassoquixote4268

    great points as always. i would suggest if you haven't, have a conversation with chat gpt. reply to it with your arguments and see what it says! it might tell you it made a mistake as it often does. will be interesting to see how it replies to your knowledge of the subject

  2. Mike be safe

  3. Crazy the old timers were wrong

  4. @andreytsarukyan3627

    Mike, we need to change the title of the video:
    "artificial – yes;
    intelligence – no"

  5. @pictureworksdenver

    Not so smart….yet.

  6. can there be a middle ground? Interest rates are still elevated even though they cut, maybe this is actually the sweet spot- not too high not too low –

  7. Stay safe Mike

  8. When you use ChatGPT, you can disagree with it’s answer. It will learn and change the answer each times. It will remember what you teach it. So when you ask it next time. It can get a correct answer.

  9. AI might not be sophisticated enough to answer economics questions, but if you asked it "how do I paste your terrible answer into my YouTube video" it may have been helpful 🙂

  10. Mike, don't let ignorant people stress you out. I don't want to discover you've suddenly died of hypertension! Your subscribers support you.

  11. Stop issuing bonds and the national debt will go away.

  12. @GeorgeSchneider8889

    You are into something 👌

  13. Mike love ur ranting!

  14. I knew I should have gone against Mike. Why do I keep listening to him? I just missed 10O percent on all the bottom feeding stocks that jumped up like crazy. Thank you Mike. Not!

  15. Mike a joy to listen to your wisdom you been doing it right for at least 24 years that I have been watching and learning from you. Your knowledge share helps this country to remain a democracy

  16. AI is dumbing down america

  17. You got the best fuckin rant on earth!

  18. @stranfordlogisticsllc2782

    Our condo was destroyed in ST. Pete. Tenant was in Turkey.

  19. I sold all into this madness. Now in cash getting guaranteed 4% for the meantime.

  20. Common sense ain't that common!!

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