Welcome to money for the rest of us. This is a personal finance show on money, how it works, how to invest it, and how to live without worrying about it.

I'm your host David Stein. Today is episode 457. It's titled AI's Fork in the Road,

societal bliss or existential threat.

One year ago, Open AI released ChatGPT. When it first came out, I was pretty skeptical.

And then I have begun to use it, and it's really a fascinating example of how a tool can evolve or be adopted

to increase one's personal productivity.

We first discussed chat gPT 3 last January in episode 417.

Will AI replace your jobs?

And we talked about what generative AI is and how basically it's a very sophisticated word predictor

been trained on reams and reams and billions of reams of data and I was skeptical. I wasn't using it. Was fascinated by it but and we did a few

experiments but it was it was okay. Six months later July 20, we released episode 439.

By then I had open AI had released ChatGPT4,

which was much more sophisticated,

had been trained on much more data, and I used it.

I had, as I mentioned that episode, some fairly complicated, complex, back and forth discussions with chat gPT and it was at that time or

shortly thereafter that I invested in a couple of ETFs that I thought would be

well positioned to benefit from AI in the years ahead.

Now another five months have passed and I use chat gPT every single day on a wide variety of tasks.

Brad asked me to run a query regarding how advice on negotiating for a handpan,

which is a relatively new fascinating instrument that he plays.

I provide ingredients to chat gp.

And it creates recipes.

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