Top Chatbots Are Giving Horrible Financial Advice

April 28, 2025

Close up of 100-dollar bills

(Futurism) – Despite lofty claims from artificial intelligence soothsayers, the world’s top chatbots are still strikingly bad at giving financial advice.

AI researchers Gary Smith, Valentina Liberman, and Isaac Warshaw of the Walter Bradley Center for Natural and Artificial Intelligence posed a series of 12 finance questions to four leading large language models (LLMs) — OpenAI’s ChatGPT-4o, DeepSeek-V2, Elon Musk’s Grok 3 Beta, and Google’s Gemini 2 — to test out their financial prowess.

As the experts explained in a new study from Mind Matters, each chatbot proved to be “consistently verbose but often incorrect.” (Read More)