Does Generative AI Facilitate Investor Trading? Evidence from ChatGPT Outages
50 Pages
Posted: 1 Jul 2024
Qiang ChengSingapore Management University - School of AccountancyPengkai LinSingapore Management University - School of AccountancyYue ZhaoSingapore Management University - School of Accountancy
Date Written: June 21, 2024
Abstract
In this paper, we use ChatGPT outages to investigate whether investors rely on generative artificial intelligence (GAI) to perform trading-related tasks and the associated impact on stock price informativeness. We first document a signific...
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