Get the latest tech news

Would you trust AI for financial advice? That may not be as far off as you think

Several frontier models passed the world's most prestigious financial analyst exam. These topped the list.

Some tasks that demand Herculean cognitive effort from humans are trivially easy for AI systems, which are designed to detect and replicate complex patterns gleaned from enormous troves of data. The Level III exam, designed to test candidates' ability to apply their knowledge of portfolio management and wealth planning to hypothetical real-world scenarios, includes a set of multiple-choice as well as essay questions. "This dual format comprehensively tests higher-order cognitive skills including analysis, synthesis, and professional judgment over rote memorization," the researchers behind the new study wrote in a paper that was originally posted to the preprint server site arXiv in June.

Get the Android app