ChatGPT is an artificial intelligence software that allows users to ask questions in a conversational or natural language manner. But what does that mean, what does it do, and how does it work?

Rather than explaining the details of the system, we thought it would be better to let ChatGPT speak for itself and describe what it is and why it’s important. Below is an excerpt from a conversation we had with it.


There are plenty of issues with this type of technology. Keep in mind the system pulls information from across the internet – both facts and opinions. Because of this, it is subject to factual errors and biases based on what is available on the internet.

Ultimately, no tool should be relied upon solely to manufacture answers where human input is needed. That being said, ChatGPT is a large step forward within the realm of Artificial Intelligence, and its progress will be monitored closely as it grows and develops.

Next month, we will dig deeper into this technology and expose some of the issues uncovered so far. If you want to try out the technology yourself, you can create an account for free by going to


Andrew Cialek, CFP®

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