Gillmore Centre Network
ChatGPT: The Origins, the Hype, the Opportunity
With the emergence of ChatGPT, large language models (LLMs) have captured the zeitgeist, and the future opportunities and pitfalls they imply for finance and investment management are enormous. For a small elite of high-tech investment managers, LLMs provide another systematic tile in an ever-expanding mosaic. But for most, they represent the starting whistle of a tech arms race many had hoped to avoid.
ChatGPT: Copilot Today, Autopilot Tomorrow?
ChatGPT and other large language models (LLMs) may someday automate many investment management and finance industry tasks. While that day is not here yet, LLMs are still useful additions to the analyst’s toolkit.
So, based on what we have learned about the new, dark art of prompt engineering, how can quant and fundamental analysts apply LLMs like ChatGPT? How effective a copilot can these technologies be?
Study casts doubt on business trust of Gen AI
More than 90 per cent of senior decision makers believe the Government should introduce stricter regulations for Generative AI, according to academic research.
And three-quarters say they are not happy with the Prime Minister’s approach to it, with even more admitting the worry about the security risks it poses.
These were the findings of the polling agency Censuswide who surveyed 250 bosses at financial institutions and banks to measure how they felt about the current state of AI and its widespread use.