New Delhi, May 23 -- In Bengaluru, often referred to as the Silicon Valley of India, the cost of living, including daily expenses such as food, transport, rent and miscellaneous costs can take up a large portion of monthly income, leaving limited savings for many working professionals, and at times none.

I posed as a working professional in Bengaluru earning Rs.70,000 per month with Rs.50,000 in expenses and asked ChatGPT if I should buy an iPhone that may last for five years or invest the remaining amount across different investment options.

"I am a 25-year-old working professional at a multinational company in Bengaluru. I earn Rs.70,000 per month and spend Rs.50,000 on rent, food, household help, transport, among other regular expens...