Explore how large language models (LLMs) like ChatGPT and BERT can be used to predict more than just stock prices. Two authors, Alejandro Lopez-Lira and Yuehua Tang, used ChatGPT to accurately analyze sentiment in news headlines and transform it into reliable stock market predictions. Plus, the MIT researchers Eric Chu, Jacob Andreas, and Deb Roy, have found that BERT can forecast public opinion when given media diets. A potential risk to watch out for however, is their potential for misuse.
This article discusses how the use of large language models, such as ChatGPT and BloombergGPT, can help investors and financial institutions make more informed decisions in the capital markets. These models can provide portfolio management, question-answering capabilities and sentiment analysis. Investors should stay aware of their potential to uncover new investment and trading opportunities, while financial institutions can benefit from more reliable investment models. Learn more about the potential implications of AI beyond finance.
OpenAI and its CEO Sam Altman have pushed the boundaries of Artificial Intelligence with their language models. In particular, their latest model GPT-4 has been successful and become a subject of debate with tech leaders and experts signing a letter urging a moratorium of AI experimentations greater than OpenAI's GPT-4. Altman, however, declared the end of larger models as the way to make their models better, instead focusing on their capabilities, usefulness and safety.
OpenAI, co-founded by Elon Musk and Sam Altman, is revolutionizing AI research. Their popular ChatGPT Service and large language models GPT-2 and GPT-3 have been utilized worldwide. Sam Altman has stated that AI models should no longer rely on massive parameter count for development, upending the way these models have been built for years. GPT-4 was produced with an unknown parameter count and cost an estimated $100m. A group of tech leaders brought up safety concerns in response, to which Altman responded with a call for responsible development. AI development is still possible, with new models and advances!
. OpenAI, founded by tech leaders Elon Musk, Sam Altman, Greg Brockman, and others, is committed to reducing the amount of human labor and increasing the use of AI-driven production. Sam Altman, CEO of OpenAI, suggested at an MIT event that AI developers need to figure out ways other than increasing the size of their models to make them better. Its popular ChatGPT model comes from GPT-4, one of the most advanced large language models developed. This provoked a 100-person open letter that asked for a pause in the development of AI systems. Altman agreed to establish safety guardrails, but noted that some concerns were exaggerated.
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?