Does generative AI facilitate investor trading? Evidence from ChatGPT outages
In this paper, we use ChatGPT outages to investigate whether investors rely on generative artificial intelligence (GAI) to perform trading-related tasks and the associated impact on stock price informativeness. We first document a significant decline in stock trading volume during ChatGPT outages an...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2024
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/2066 https://ink.library.smu.edu.sg/context/soa_research/article/3093/viewcontent/ssrn_4872189.pdf |
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| Institution: | Singapore Management University |
| Language: | English |