ChatGPT can't answer basic questions about markets and investing and it'll be a long time before its a useful tool for investors, DataTrek says

• ChatGPT's market and investing knowledge is spotty, and the bot isn't a good tool for investors yet, DataTrek said.
• The firm asked the chatbot seven questions related to markets, and some of its answers were vague or incorrect.
• Still, observers point to ChatGPT's rapid development, with the latest version released last month.

Open AI's ChatGPT still has major holes in its knowledge of markets and investing, and it's going to be awhile before the hyped artificial intelligence bot can be of use to investors, according to DataTrek.