Hedge funds are adopting generative AI such as OpenAI's ChatGPT to automate tasks and boost productivity, but it's yet to be a game-changer in investing methods. ChatGPT can follow instructions and create new finance content after being trained on extensive data. Its potential lies in speeding up coding, research, and client communication, as well as automating basic data pattern detection to streamline customer service. Hedge funds like Campbell & Co are using ChatGPT as an assistant to augment human efficiency, and keeping workers in the loop.
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?