I do think Chat GPT (or an equivalent) will be a good legal resource eventually. Currently my advice is to take anything it says on legal stuff with a grain of salt. Not just about this obviously, but if you ever need it in other areas of your life for a legal answer.
It's just a powerful data aggregator and isn't able to do true nuanced analysis. I've asked it regulatory questions before and found it's answers to either be fully incorrect or incomplete because it's mass searching based on key words and phrases, but not able to actually interpret or understand context.
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