ChatGPT is one of the fastest-growing consumer applications in digital history, surpassing 100 million users within the first several weeks of its November 2022 launch. One of the various reasons people found to use this chatbot created by OpenAI is to help research potential stock picks.

The Motley Fool wanted to find out more about ChatGPT and so it commissioned a survey on that subject conducted by Pollfish on April 19. A major finding was that 47% of ChatGPT users said they had asked the artificial intelligence (AI) machine for stock recommendations. While women outnumbered men 59%-41% among the 2,000 respondents, it was interesting that men were more likely to have used ChatGPT for picking stocks: 55% to 42%.

You can check out the whole article on the survey for more results, including how much wealthier and younger investors are likely to use and trust ChatGPT for help with stock picking.

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Source Fool.com