Some traders say ChatGPT gives them out-of-date information and they waste time fact-checking

• Big bank employees say they're running into issues using ChatGPT to make their jobs easier.
• An oil trader said it gave her out-of-date information, negating the time saved, Bloomberg reported.
• The likes of JPMorgan and Goldman have restricted their employees' use of the popular AI tool.

Like many others, some traders in financial markets are turning to ChatGPT to lighten their workload — but they're running into speed bumps using the artificial intelligence tool, according to a Bloomberg report.