Hua Er Jie Jian Wen·2025-09-26 03:04Core Insights - The rapid integration of artificial intelligence (AI) into the investment sector is transforming how both Wall Street analysts and retail investors approach stock selection [1][4] - The global robo-advisory market is projected to grow from $61.75 billion in 2023 to nearly $471 billion by 2029, indicating a growth of over 600% in six years, driven by increasing investor interest [1] - Retail investors are increasingly utilizing AI tools, with about 10% currently using chatbots for stock selection and half of the surveyed individuals considering trying them [1] Group 1: Market Growth and Trends - The robo-advisory market is expected to experience significant growth, reaching nearly $471 billion by 2029 from $61.75 billion in 2023 [1] - eToro reports that approximately 10% of retail investors are using chatbots for stock selection, with 50% of respondents open to trying such tools [1] Group 2: AI Investment Performance - An experiment by Finder in 2023 showed that a stock portfolio selected by ChatGPT, including companies like Nvidia, Amazon, Procter & Gamble, and Walmart, achieved a remarkable 55% increase, outperforming mainstream funds in the UK market [1] Group 3: Expert Opinions and Cautions - Former UBS analyst Jeremy Leung noted that he uses ChatGPT for investment guidance, stating that even simple tools can replicate many of his previous workflows, potentially replacing expensive Bloomberg terminal functions [4] - eToro's UK head, Dan Moczulski, warned of risks when users treat general AI models like ChatGPT as infallible, highlighting issues such as incorrect data citations and over-reliance on existing narratives [4] - Experts caution that general AI models have limitations, such as lacking access to paid data behind paywalls, which may lead to missing critical analysis information [4]