Artificial intelligence is making waves in the stock market, and its impact on Wall Street traders can’t be ignored. A University of Florida professor has put various AI chatbots to the test to see if they can pick winning stocks. The results are impressive, leaving many to wonder if AI-powered trading will soon replace human traders.
Alejandro Lopez-Lira, an assistant professor of finance, has spent years exploring the potential of artificial intelligence in trading equities. He recently experimented with ChatGPT, DeepSeek, and Grok, three popular AI chatbots used for stock picking. The results are “impressive,” according to Lopez-Lira.
The implications of this technology on Wall Street traders are significant. With AI-powered trading systems becoming increasingly sophisticated, the role of human traders may be at risk.
Source: https://www.marketwatch.com/story/a-professor-testing-chatgpts-deepseeks-and-groks-stock-picking-skills-suggests-stockbrokers-should-worry-f54d583a