"If you had all the money in the world at your disposal, would you still be using ChatGPT? As part of a recent report, first spotted by Inc. Magazine, financial holdings company JPMorgan asked 111 billionaire clients how they make use of artificial intelligence. Their answers range from down-to-earth to absolutely absurd, forcing us to wonder if some of the wealthiest individuals on the planet could be suffering from AI-induced delusions."
"Given the tech's widely-documented shortcomings, including its strong tendency to make up facts on the spot, we have our doubts that a generative AI will come up with coherent plans for a plane that can actually fly. As a reminder, we're talking about tools that can't reliably tell truth from fiction and are still being caught making enormous factual errors, despite untold billions in investments."
A JPMorgan survey of 111 billionaires found 79% use AI in their personal lives and 69% use it for business. Reported uses range from practical tasks to implausible projects, including designing a plane blueprint and generating customized bedtime stories with emotional twists. Generative AI systems frequently fabricate facts and make large factual errors, undermining confidence in their ability to produce reliable technical or safety-critical plans. Child development experts caution against depending on AI for child-rearing. Despite these reliability and ethical concerns, AI adoption among the ultra-wealthy remains widespread across personal and business contexts.
Read at Futurism
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