Been thinking about this since catching an AI model merge two separate disclosures from Nvidia's 10-K into one confident-sounding number a few months back. Wasn't wrong exactly just blended two things that weren't supposed to be blended, stated as fact. Checked it because I happened to have time that day. Most days I don't. And I hold more than one stock, so "just double check it" doesn't really work at scale verifying one AI answer against one filing is fine, doing that every quarter across 10+ positions is close to the same time cost as reading the filings yourself.
Talked to a few people who manage money professionally. Same gap, every time. Institutional desks have actual verification built into their process analysts checking analysts. Retail investors running a filing through AI have exactly one layer of trust: the model's own confidence, which doesn't tell you when it's right vs. when it's plausible.
Not asking whether AI belongs in filing research that's settled, everyone's already doing it. What I'm actually curious about: if there were a tool built specifically to solve the verification side cites the exact page for every claim so you can check in seconds instead of rereading the whole filing is that something people would pay for, or is "mostly trust it, double check the big positions" good enough for most of you already?