OpenAI Adds Personalized Daily Updates to ChatGPT
OpenAI has announced a new feature for ChatGPT called Pulse. The update delivers daily personalized updates to users, representing a shift from reactive to proactive assistance. Pulse is currently available to Pro subscribers on mobile and will expand to Plus users in the future.
Pulse Delivers Daily Personalized Insights
Pulse uses information from chat history, direct feedback, and connected apps like a user's calendar. It synthesizes this data to generate relevant daily updates. These updates are presented as visual cards, allowing users to quickly scan or explore topics in more detail.
In a product demonstration, ChatGPT asked users about their preferences, such as local news, outdoor activities, or language learning. For crypto traders, Pulse could deliver regular updates about cryptocurrency markets and industry news, aiming to provide timely insights.
AI Tools Gain Popularity Among Retail Traders
The release of Pulse aligns with a broader trend of retail investors using AI for market information and trading tips. A Finder survey from August found that 16% of British investors used AI for stock advice, while 15% relied on AI for cryptocurrency trading tips. Younger investors showed higher adoption rates for general AI-powered financial tools.
Despite its potential, Pulse and similar features are not substitutes for financial guidance. OpenAI has stated that ChatGPT should not be regarded as a source of professional financial advice. Tests of ChatGPT's market recommendations revealed mixed results, at times including unreliable token suggestions.
Automated Financial Advice Industry Expanding
The growing reliance on AI for investment decisions is driving demand for automated, algorithm-driven advisory tools. According to Research and Markets, this sector may grow from $61.75 billion in 2023 to $470.91 billion by 2029.
In addition to market updates, Pulse integrates with Gmail and Google Calendar to draft agendas, surface task ideas, or recommend services when traveling. Users can further personalize their experience by providing direct feedback on the suggestions offered.
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