Why the Wisdom of Markets Bests AI
Three weeks ago we highlighted the article "Artificial Intelligence: An Unprecedented Disruption" from Goldman Sachs showcasing the recent advancements in AI and the many industries ripe for disruption. While these technologies feel like "the next big thing" and are certainly intriguing, its important to understand what they are not good at. Popular large language model platforms like ChatGPT may be great at making some aspects of life easier but can AI pick stocks?
This week's highlight article from Dimensional Funds builds the counter-argument to AI, explaining how these technologies work and why they give poor stock picks and economic forecasts.
Lloyd's Lesson: What Are Global Equities?
Lloyd's Lesson this week provides a quick review of equity investing and the benefits of investing globally.
Click the image above or the link below to watch this week's lesson.
What Else We're Reading
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