Be very careful with relying on AI/ChatGPT for tax or legal info. Many times it's wrong, and not only that, it will fool your mind into believing the reasoning it gives you.
I just had this a few days ago. Was researching a tax issue. The answer of ChatGPT resolved it, but I could not find any good source for such a resolution. I asked a colleague, and he brought me proof why it was wrong.
Don't believe ChatGPT unless you find a definitive source, for instance on the IRS website.
You don't want to come off as having artificial and not human intelligence ! 😁
A few days ago one of my LinkedIn connections posted some interesting tax advice, which seemed off. When I asked him about the source, he replied with a screenshot of ChatGPT's advice.
However, after doing my own research, I found that IRS regulations completely disallowed this!
He deleted his post after I brought this to his attention. 😣
I've found that usually for straightforward things, it gives OK advice. But always check for a reliable source.
For a complicated question which has no clear source written on the internet with an answer, it can just make up nonsense or lies.
I suspect that it detects what the writer would want to be the answer, and then it makes up a reasoning which will fit the wanted answer. It's a predetermined result, not an intelligent thought process weighing the two sides.
This is sort of like painting a bulls eye around an arrow already stuck in a target, falsely showing that it hit the exact center....
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