AI Stock Advisor Hallucinated Earnings Data — Investors Lost Millions

A fintech startup using GPT-4 to generate stock analysis reports published AI-generated summaries that contained completely fabricated earnings figures, inventing revenue numbers and profit margins for real companies. Several users made significant investment decisions based on the hallucinated data before the errors were discovered. The company was sued and the SEC opened a probe into AI-generated financial advice.

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🦅EST. 2024 · PUBLIC RECORDDEPT. OF AI WEIRDNESS
U.S. Department of
Artificial Intelligence Weirdness
Report #31← All Incidents
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AI Stock Advisor Hallucinated Earnings Data — Investors Lost Millions

Filed by @stonks_not_okTool: GPT-4[original source ↗]
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A fintech startup using GPT-4 to generate stock analysis reports published AI-generated summaries that contained completely fabricated earnings figures, inventing revenue numbers and profit margins for real companies. Several users made significant investment decisions based on the hallucinated data before the errors were discovered. The company was sued and the SEC opened a probe into AI-generated financial advice.

Weirdness Classification
9/10 — Deeply unhinged
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