The accuracy of stock selection by large models exceeds that of humans, the era of AI stock trading has arrived.

A paper by scholars from the University of Chicago has shocked Wall Street: Researchers found that stocks selected by GPT-4 outperform those chosen by human analysts! Scholars provided GPT-4 with standardized anonymous financial statements and instructed the model to analyze them. Even without narrative information or specific industry data, LLMs outperform financial analysts in their ability to predict earnings.