A financially independent trader who spends about $200 a month on AI tools like ChatGPT explains why they're worth it

Erik Smolinski is a self-made millionaire and financially independent options trader.

Courtesy of Erik Smolinski

• Options trader Erik Smolinski invests in AI chatbots like ChatGPT, spending around $2,000 annually.
• He values AI for its time-saving capabilities and expects future price increases.
• Smolinski uses AI for trading, data analysis, and investment strategy development.

Erik Smolinski doesn't know exactly how much he pays to use AI chatbots like ChatGPT.