More people are using artificial intelligence (AI) tools like ChatGPT and Claude to get advice on how to invest money, such as deciding how to spend or save 10,000 euros. These AI systems can give advice that seems logical, but experts are questioning how reliable their recommendations are and what information they base them on. A financial news website called MoneyVox looked into how ChatGPT gives investment advice and compared it to the advice of financial professionals. ChatGPT usually starts by asking users about their goals, how much risk they are willing to take, and other factors, much like a professional who helps manage investments. Fidel Martin, president of a financial firm called Exoé, said that ChatGPT's initial questions match the standard process used by financial advisors. However, Marie Brière, who studies how investors behave at Amundi Investment Institute, pointed out that the AI might not always ask all the important questions, such as what investments a user already has or what financial responsibilities they have. The AI gives its advice based on a huge collection of text it has studied, learning how different ideas are connected, such as risk, return, and spreading investments across different areas. However, the exact text it used to learn from is not clear, which makes it hard to know if there are any biases in its advice. Brière said that the AI's recommendations can change depending on how a question is phrased or the order in which choices are presented. Tests have shown that ChatGPT often recommends American stocks and companies, probably because there is more standard and easy-to-find information about U.S. markets. This preference could affect the advice it gives, especially if users are not aware that they might need to adjust their questions to get more balanced suggestions. Personal details such as age and gender might also influence the AI's advice. Brière noted that the AI might reflect human biases, such as the idea that women are more risk-averse, which could lead to different investment recommendations for men and women. The AI's advice is not always correct, and it can sometimes make up or misrepresent information, a problem called "hallucinations." Although this happens less often than before, it can still occur, especially when specific numbers or tax rules are involved. Despite these issues, the AI can still offer helpful insights and help users understand their investment options. However, Brière advised treating the AI more like a discussion partner than a final authority. Users should think carefully about the AI's advice, check the information against other sources, and consider different viewpoints to make well-informed decisions.