This will be the same story for every industry again and again. AI is not good in x=Finance because models were not RL trained heavily on x=Finance capabilities yet. This is only because Big Labs have finance benchmarks lower in their priority list. Their first priority was solving programming because that gives the best leverage at this stage. As a side-effect they were able to solve a Millennium Prize problem, since theorem proving was also code.

So finance advisors in the comments section of FT are falling for the classical pitfall. They assume there is something fundamentally wrong with “AI chatbots” that they can’t do finance ever. They mistake the current products in the market for the technology itself. In near future someone will release “Claude x=Finance” and their world will shatter.