RESEARCH ON THE POSSIBILITIES OF USING ARTIFICIAL INTELLIGENCE IN MAKING INVESTMENT DECISIONS IN THE STOCK MARKET

DUBKOV G.I.
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The article explores the use of large language models, such as ChatGPT, for making investment decisions in the stock market. The methods of using ChatGPT are described, which make
it possible to improve market forecasting through in-depth study of a large array of data, including news and reports, sentiment analysis and recognition of technical indicators. Advantages such as effective information extraction, improved decision-making, objective analysis, as well as potential risks of using ChatGPT in financial forecasts, including limited understanding of market dynamics, inability to include real-time data, difficulties in working with complex financial concepts, are considered. The conclusion is made about the effectiveness of using ChatGPT and the need to check the results before using them.

Funding
This research received no external funding.

How to Cite

(1)
DUBKOV, G. I. RESEARCH ON THE POSSIBILITIES OF USING ARTIFICIAL INTELLIGENCE IN MAKING INVESTMENT DECISIONS IN THE STOCK MARKET. Ученые записки Международного банковского института 2024, No. 1 (47), 49-62.
CC BY-NC 4.0 CC Attribution-NonCommercial 4.0 International

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