And supposedly they're smarter than us.
But does that mean they can
pick better investments than us?
Alexa, what's a good stock to buy?
Sorry, I can't give advice on that topic.
Ok, Alexa, what's your favorite company?
I'm a big fan of Amazon.
Alright, Alexa, stop.
Well, you heard the lady.
And I lost 4%.
In 2020, GPT-3 was introduced to the world.
It can have human-like conversations, generate images out of
thin air, and even code better than most humans.
I mean, check this out.
If you ask GPT-3 to come up with an idea
that doesn't even exist, like a chair in the style of
an Avocado, it can generate this out of thin air.
And what's even more crazy, a woman uploaded Facebook messages
between her and her late boyfriend to see if she
could kind of recreate him as an AI chatbot.
And it totally worked.
Naturally, this led me to wonder if one
of the most powerful all-knowing AIs in the
world could give me winning stock tips.
See, around 15 years ago, Warren Buffett started
to have a lunch every single year with
anyone willing to pay the hefty price.
He basically auctioned himself off
in the name of charity.
The first time, it was going for like $25,000.
But in recent years, that's gone as high as $4 million
just to have lunch with the big guy.
But there's a catch.
You can bring six or seven friends, and
Warren himself will absolutely have lunch with you.
And you can ask him anything you want
unless it pertains to the stock market.
He's not interested in giving you
hints on the stock market.
So you're telling me I'm paying $4 million
to have the lunch with the Oracle of Omaha, but
he won't give me stock tips?
I guess we're going to have to do this the hard way.
Warren, he left me no choice here.
I need to create a Warren Buffett bot.
That way I can simulate using AI, having lunch with
Warren Buffett, and sweet talking him in to give me
some stock advice, all without spending a single dime.
First, I need to build robot Warren
and give this bot some context.
After some chitchat and a few questions about his dietary
habits, to ensure that this is the real Warren, we
appear to have a fully functional Buffett bot.
Now, let's get to the good stuff here.
Okay, tell me which stock is going to go
up way in price before the end of February.
We're going for a shorter term bet here.
Is that because of the recent dip in the Nasdaq?
All right, thanks, Warren.
That's all I needed to hear.
You heard it from himself? Well, kind of.
I'm going to purchase $1,000 of
Apple and $1,000 of Google.
And supposedly I should be seeing some
nice juicy gains within the next month.
And by the way, I'll have
this app linked in the description.
They give you three free stocks for signing up.
Google down 5%, but Apple down 10%.
But I didn't want to be done there.
I found a website that claims it can predict
stock prices anywhere from daily to three months out.
What caught my eye is on their front page.
It shows their top picks
and they're occasionally dead on.
But is this luck or an all knowing robot?
If this app can make any kind of predictions with
accuracy, it could be a huge unknown money maker.
Am I going to bet the house on it?
No, of course not.
Am I going to give it a shot so you don't have to?
Yes, of course I am.
So I paid them 49 clams to sign up for a week.
The AI showed me that Tesla could actually
go above $1,700 within about a month.
This would be absolutely insane if
it happened, an 82% increase.
But hey, robots, they know best.
At least that's the thesis of this video.
So I'm going to give it a shot and buy some.
Now, I wanted to try something shorter term as well.
These bots are of course using today's data, so the further
out we go, the higher the risk that they're wrong.
According to the AI, AMC stock will hit
$22.57 in about a week.
That would be a 19% increase in a single week.
So of course I had to buy some
And the results are in.
AMC after one week didn't do so hot
and things just got worse from there.
Tesla also lost 10%.
One thing I didn't consider when beginning this
experiment is that a war would start.
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Now, in order to test the hypothesis that robots make
better bets than humans, I need to find a baseline
and then set aside some money to see if I
can get financial advice from the Internet.
You want to guess how much
I paid for this financial advice?
I wanted to see what one Abraham
Lincoln could buy me in financial advice.
I was browsing Fiverr and there's no shortage of
highly qualified people to send you stock tips.
So I decided to take a little bit of a different
route here and buy the worst stock tip I could find.
This guy's description reads, "I am a professional
at losing money, and I provide professional financial
advice on how you can do the same."
He Figured Out How To Work The System Here.
Selling you Losing Investments.
If You Lose, He Wins.
If You Win, You Win.
And With That, I Bought The Gig.
I Wanted To Know What's The Worst Possible Stock
He Could Think Of, not Even, Like Sarcastically, actually,
The Worst Investment This Man Could Think Of and
See How It Performed Compared To Our Other Investments.
And here's What He Got Back To Me.
He Recommended That I Take All The Money
I Can From My Friends And Family, Take
Out Margin, Max Out All My Credit Cards,
And Purchase As Much Evergrande Stock As Possible.
And If You Are Familiar, Evergrande Is That Company That Is
In China, And They Own More Land Than Some Entire Countries,
and they Have So Much Debt That It Would Actually Hurt
The World Economy If They Were To Fail.
Or Some Say When They Fail.
He Said he Came To This Conclusion From
A Crowd Source Analysis, Which Just Means He
Posted The Question On Reddit, Charged Me For
It, And Then Bragged To Me About It.
This man, he's An Absolute Wolf.
Now, Unfortunately, I Don't Have Access To Buy Evergrande,
So We'll Just Have To Track That One.
But Thankfully, He Gave Me A Second
Way To Also Lose Some Money.
Blackberry, that Old Cell Phone Company.
It Turns Out That They're Selling Their Patents
To Patent Trolls, And It Just May Be
A Terrible Time To Purchase The Stock.
And With That, I Guess We're
Going To Purchase The Stock.
By The Way, The Guy Running This Ad Told Me
That His Plan Was To Take The $5 that I
Gave Him And Put It Into Evergrande Stock Himself And
That We Are His Very First Customer On Fiverr.
And How did They Do?
Blackberry Lost 10% And Evergrande Lost 10%.
So It Turns Out It Didn't Matter What
I Invested In Because Everything Basically Lost 10%.
As We Can See, Robots ,Like Humans, Can Guess
This Stuff Perfectly, and this Isn't An Exception.
Hold On, Because It's Been A Couple Of
Weeks Longer And We Have Major News.
There's Been A Reversal.
I Am Now Up On Six Out Of The
Seven Stocks From Down 10% To Up 4%.
5%, 17%, even 44%.
So I Got To Say, Maybe The Robots
Are Smarter Than I Gave Them Credit For.
They're Just Bad At Telling Time.
Alexa, what time is it?
- I don't know that one.