AI biases may lead to uniform portfolios

Imagine you're trying to pick stocks to invest in.

You might use a tool that's supposed to be really smart, like AI.

But here's the thing: AI doesn't actually think for itself.

It just looks at a lot of information it's been trained on and tries to predict what might happen.

The problem is, most of that information is about big, well-known companies.

So, when you ask AI for advice, it keeps suggesting the same big companies over and over again.

This means a lot of people might end up investing in the same stocks, which could be risky.

Plus, AI might not understand the unique aspects of markets like India, because it's mostly been trained on Western data.

So, while AI can be helpful, it's important to use it wisely and not just take its advice without thinking for yourself.