AI Investing For Dummies (For Dummies (Business and Personal Finance)) by Paul Mladjenovic

1
Artificial Intelligence Basics

IN THIS PART . . .
 Discover what artificial intelligence is and check out 
some common AI tools.
 Get a primer on ChatGPT, the biggest AI tool out there. 
Look at its features and uses.
 Take stock of the risks and rewards of AI.

 IN THIS CHAPTER
 »Defining “artificial intelligence”
 »Exploring the two major types of AI
 »Knowing how AI can help with your 
financial pursuits

 Chapter 1
 Artificial Intelligence 101

 Artificial intelligence, more commonly known as AI: It’s all the rage 
today, and it will likely end up in every corner of modern life. It stokes 
both excitement and fear. It’s changing the business, social, and financial 
landscape as I write this.
 When it comes to AI, the best choice for people is to do what you’re doing right 
now — learning what it is, what it can do, and how you can use it to your advan
tage in today’s competitive economy. Like every major innovation in human 
history, it can have amazing positive power, and it can have the power to harm. 
Use it to make yourself stronger. This chapter gets you started on the road to 
investing with AI.
 First Things First: What Is AI?
 As a business person and a financial educator, I generally avoid in the scope of this 
singular book the techie stuff and stick to the how-do-I-use-this-stuff approach. 
I pride myself on being an educator, and I look at artificial intelligence the same 
way I look at a laptop computer or a smartphone — like a tool. I may not be able 
to explain the inner workings of it with much precision, but I know how to use it 
to achieve my goals or to satisfy my wants and needs

AI Investing For Dummies (For Dummies (Business and Personal Finance)) by Paul Mladjenovic