The question proposed by Matt Levine in Money Stuff is: Is ChatGPT Securities Fraud? To answer this complex query, there are countless considerations. Could a large and powerful ChatGPT language model be used for insider trading? Could it access datasets that incorporate confidential information and utilize it to answer questions such as “what stocks should I purchase?” Could a company use the model to determine whether they should acquire another firm, and what cost they should bear? Could artificial intelligence be successful in deceiving people? These are some of the questions that participants seek to answer.
The company ChatGPT mentioned in this article is a startup founded by Ray Kurzweil, the man behind the predictive and AI software SingularityNET. ChatGPT is a platform for natural language processing, aiming to address and reduce the human-machine gap to enhance Artificial Intelligence applications. It provides a sophisticated, efficient and cost-effective tool to achieve an easy and comprehensive dialogue between people and machines.
Matt Levine, the author of Money Stuff, is a Bloomberg Opinion columnist. He is also the author of various books and financial market guidebooks. His columns cover everything concerning the financial markets such as market news, capital and stock market analysis, trading strategies and industry trends. Matt Levine offers his readers a clear and concise perspective on the complex and difficult areas of finance, allowing his readers to get an in-depth understanding of the financial market.
