Tag: Finance

Oracle's Fusion Cloud Supply and Manufacturing (SCM) apps just launched their new AI and automation tools. In order to stay ahead in a fluctuating market, customers can use these for improved supply chain planning, operations optimization, and financial accuracy. Oracle SCM breaks down silos, enables quick response and tracking, and reduces delays. AI capabilities help identify performance variances and increase quote-to-cash accuracy. Oracle makes sure you stay ahead of the curve!

ChatGPT is the powerful AI chatbot developed by OpenAI that has disrupted online world. It uses large text data to generate human-like text & is capable of doing tasks like writing stories, summarizing long texts & taking online exams in no time. CFOLens by ETCFO helps CFOs access actionable insights & data to build a strategic edge in the finance world.

This study by David Wood and 327 other researchers from 186 universities compared the performance of OpenAI's AI chatbot ChatGPT and university students in accounting exams. Results showed that students outperformed the chatbot, sometimes outperforming it by as much as 11.3%. The knowledge bank of the chatbot was found to be impressive, sometimes inventing its own references and making mathematical errors. Researchers are hopeful that the AI technology is the future of teach and learning.

. This article examines the issues around the decision by Italy's data protection agency, Garante, to ban OpenAI's ChatGPT chatbot application. It highlights the potential privacy issues and lack of age verification measures that led to the decision. Following an uproar from industry professionals and a surge in VPN downloads, OpenAI's cooperation and commitment to meeting the April deadline ultimately led to the rescinding of the ban. An interesting case that raises questions around the effectiveness and proportionality of data protection regulation, while also emphasizing the importance of protecting children from dangerous content. Key takeaway: in such cases, a cooperative dialogue between the parties is essential.

Discover the remarkable world of Artificial Intelligence (AI) with the launch of ChatGPT. Last November, OpenAI released their innovative AI platform, ChatGPT, and tech giants such as Google and Alibaba have followed suit. With its use in customer service, marketing, and software development, AI has become increasingly popular, prompting a large influx of investments into the sector. From harnessing its power for cancer treatments to finance, explore what AI has to offer and its potential implications for the future.