ChatGPT Revolution Has Driven Half the Gains in S&P 500. Could the Rally Keep Running?
The interest sparked in artificial intelligence driven by ChatGPT and other large language models has led to a market cap creation of $1.4 trillion and driven more than half the gains in the S&P 500 this year, according toan analysis from JPMorgan.
![ChatGPT Revolution Has Driven Half the Gains in S&P 500. Could the Rally Keep Running?](https://ussnsimg.moomoo.com/77777888/editor_image/d78720c5d57a3490b40f307f906cc7e1.jpg/bigmoo)
![ChatGPT Revolution Has Driven Half the Gains in S&P 500. Could the Rally Keep Running?](https://ussnsimg.moomoo.com/feed_image/77777013/f9a0754f41353790ac2e16858a92db44.jpg/bigmoo?imageMogr2/ignore-error/1/format/webp)
The JPMorgan team led by Dubravko Lakos-Bujas does not view this development positively.
Mooers, do you think the AI-driven rally could keep running?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Talented Mr Ripley : IMO, if everyone keeps following the advice, suggestion, instruction, direction, etc., from a single source, that being AI, well of course the bullish/bearish market will continue. the market fluctuates because there isn't a consensus of investor sentiment/activity. If everyone keeps buying/selling a particular stock until 'Simon says' then the increase/decrease will continue indefinitely until human greed and/or satisfaction overcomes AI.