Are Financial Analysts At Risk? AI Outperforms in Financial Forecasts And Delivers Superior Trading Profits, Study

Are Financial Analysts At Risk? AI Outperforms in Financial Forecasts And Delivers Superior Trading Profits, Study

A new study shows OpenAI’s GPT-4 has surpassed human financial statement analysis and forecasting capabilities. These findings could potentially disrupt the financial services industry, which, along with other sectors, is rapidly embracing generative AI technologies. The University of Chicago’s Booth School of Business conducted the study revealing that the large language model (LLM) outperformed humans … Read more

OpenAI, Meta Push Artificial Intelligence Closer to Human-Like Thinking

OpenAI, Meta Push Artificial Intelligence Closer to Human-Like Thinking

AI pioneers OpenAI and Meta are nearing the release of AI models capable of planning and reasoning. Could this be a significant leap towards artificial intelligence surpassing human cognitive abilities? While AI has achieved remarkable progress in recent years, it still needs to catch up to human capabilities in specific domains. However, this gap might … Read more