Lopez-Lira, a professor at the University of Florida, is researching the usage of powerful language models such as ChatGPT to foretell stock prices through analyzing news headlines. The experiment has major implications in AI as it searches to bring out fresh abilities, or "emergent abilities" as Lopez-Lira puts it. Results suggest that ChatGPT can accurately predict the direction of the next day's returns better than randomness. This could cause several jobs in the financial world to become automated in just a few years. ChatGPT, a San Francisco-based research lab from OpenAI produces cutting-edge AI and machine-learning technologies.
Exploring the deep and tight impact of increased borrowing costs and tighter lending standards on the commercial real estate market. Latest insights from CoStar and Moody's Analytics, views from JPMorgan CEO Jamie Dimon and tips from entrepreneur Phil Rosen on how smart investors capitalize on the situation. Read to know more!
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?