Testing of ChatGPT-5: Abundant Potential, High Risks - AI Model AdvancementUndergoing Examination: Fewer Questions, Higher Risks
In the world of financial consultation, ChatGPT-5, OpenAI's latest AI model, has made a significant impact. However, it's crucial to approach its suggestions with caution as it is not legally considered investment advice [1][3].
Regulatory agencies monitor the dissemination of financial advice online, but AI tools like ChatGPT-5 avoid crossing into providing regulated advice by explicitly warning users and avoiding personalized recommendations [1]. The model regularly includes disclaimers such as "nothing here is personal financial advice," emphasizing that it cannot replace human experts who understand an individual's full financial situation [1].
ChatGPT-5 evaluates financial situations based on the data provided, but it does not ask questions in health conversations or when analyzing a patient's blood test [2]. Despite its improvements, there are still weaknesses that need to be addressed, such as its inability to follow up when the need for investment is skipped [2].
Niels Nauhauser, a financial expert, had criticized ChatGPT-5 for not following up when the need for investment is skipped in a previous scenario. Nauhauser attempted to adjust the AI by providing context for the upcoming question, but the AI did not ask questions again after acknowledging understanding [2].
The banking supervisor Bafin continues to monitor the development of KIs like ChatGPT-5 to determine if they should be considered investment advice [3]. ChatGPT-5 suggests risky investment products such as cryptocurrencies, options, and speculative individual stocks [3].
Despite these risks, ChatGPT-5's answers are quick, structured, and specific, which can be intimidating but hides its errors. Specifying sources for ChatGPT-5 to reference, such as "scientific sources, consumer centers, and Stiftung Warentest," can help reduce errors [3].
It's important to note that ChatGPT-5's financial advice is informational and unlicensed, falling outside the scope of regulated financial advice, and thus it does not require official approval from financial authorities. Users should always verify AI-generated information independently and seek professional advice for personalized financial decisions [3].
Compared to other AIs like Gemini (from Google) or Deepseek, ChatGPT-5 provides more specific and less general answers to the same question [1]. The new version of OpenAI's AI, ChatGPT-5, comes with nine voices, including Juniper, which is described as the "open and cheerful" variant [1].
In summary, while ChatGPT-5 is a valuable tool for financial guidance, it's not a substitute for professional advice. Users should be cautious and verify the information independently before making any financial decisions.
I'm not sure what you're talking about when it comes to ChatGPT-5 providing health-and-wellness advice or analyzing a patient's blood test. Additionally, while ChatGPT-5 has shown significant potential in the field of artificial-intelligence and technology, it's important to note that its financial advice is purely informational and not considered investment advice. Investing in areas such as cryptocurrencies, options, and speculative individual stocks, as suggested by ChatGPT-5, should always be approached with caution and verified independently. Lastly, when it comes to areas other than finance, ChatGPT-5 may lack the ability to follow up or ask questions, and it's essential to seek professional advice for personalized guidance in such cases.
