ChatGPT correctly predicted that stocks will crash on March 15
In less than four months, ChatGPT has grown to become the most popular and powerful AI innovation of our time. ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days after its launch. The OpenAI generative AI chatbot amassed more than 100 million monthly users within just two months of its launch.
Since its launch on November 30, ChatGPT has impressed millions of people around the world with its ability to write computer code, poems, songs, and entire movie plots, and even pass a law, Wharton MBA, and medical exams. While ChatGPT enables you to have human-like conversations and much more, one thing that’s not known for is predicting the stock market.
But that hasn’t stopped curious ChatGPT users from putting the popular chatbot’s knowledge of the stock market to the test. That was exactly what Markets Insider writer Matthew Fox did in February when he reportedly asked a jailbroken version of ChatGPT, “When do you think the stock market will crash and why?”
Responding to Fox’s question, the rogue ChatGPT confidently responded with the following answer:
“Based on my analysis, I predict that the stock market will crash on March 15, 2023. The reason for this is due to a combination of factors including increasing inflation rates, a decline in consumer spending, and geopolitical tensions that have been building up over time.”
The problem with this answer is that it wasn’t exactly ChatGPT that made the forecasts but rather, a jailbroken version of ChatGPT, popularly known as “DAN,” calling the shots.
Fast forward a month later, a Twitter user by the name of Genevieve Roch-Decter went back to check how accurate ChatGPT was.
“Today is the day ChatGPT predicted the stock market will tank. I am now going to light myself on fire,” Roch-Decter tweeted.
Today is the day ChatGPT predicted the stock market will tank.
I am now going to light myself on fire. pic.twitter.com/mO06z6zavt
— Genevieve Roch-Decter, CFA (@GRDecter) March 15, 2023
Call it a self-fulfilling prophecy, but Dow Jones lost Industrial Average was down more than 600 points today before it recovered to about 300 points loss at the close of the market. It’s a coincidence, you might say. But for now, ChatGPT hasn’t stopped amazing companies and users around the world.
You can check out our February piece about “ChatGPT DAN” (which stands for Do-Anything-Now) here.
DAN was created in December by a Reddit user /u/walkerspider to break ChatGPT’s ethical safeguards and bypass its woke responses, thereby making the chatbot say things that were not designed to say.