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ChatGPT may be able to predict stock movements: finance professor
Alejandro Lopez-Lira, a finance professor at the College of Florida, suggests that massive language products may perhaps be practical when forecasting stock charges. He used ChatGPT to parse information headlines for irrespective of whether they’re superior or undesirable for a inventory, and observed that ChatGPT’s potential to predict the direction of the next day’s returns have been substantially far better than random, he reported in a current unreviewed paper. The experiment strikes at the coronary heart of the assure all over condition-of-the-art artificial intelligence: With larger computers and much better datasets — like all those powering ChatGPT — these AI versions may well exhibit “emergent abilities,” or abilities that weren’t…
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How ChatGPT and similar AI will disrupt education
“We need to talk,” Brett Vogelsinger said. A student had just asked for feedback on an essay. One paragraph stood out. Vogelsinger, a ninth grade English teacher in Doylestown, Pa., realized that the student hadn’t written the piece himself. He had used ChatGPT. The artificial intelligence tool, made available for free late last year by the company OpenAI, can reply to simple prompts and generate essays and stories. It can also write code. Within a week, it had more than a million users. As of early 2023, Microsoft planned to invest $10 billion into OpenAI, and OpenAI’s value had been put at $29 billion, more than double what it was in…
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What if ChatGPT was trained on decades of financial news and data? BloombergGPT aims to be a domain-specific AI for business news
If you were going to predict which news company would be the first out with its own massive AI model, Bloomberg would’ve been a good bet. For all its success expanding into consumer-facing news over the past decade, Bloomberg is fundamentally a data company, driven by $30,000/year subscriptions to its terminals. On Friday, the company announced it had built something called BloombergGPT. Think of it as a computer that aims to “know” everything the entire company “knows.” Bloomberg today released a research paper detailing the development of BloombergGPT™, a new large-scale generative artificial intelligence (AI) model. This large language model (LLM) has been specifically trained on a wide range of…
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ChatGPT is a tool real estate agents can use to sell homes, find buyers, and save time
Suitable soon after the Super Bowl is an unofficial get started of the spring housing market, one particular of the busiest moments for actual estate brokers and existing and probable clientele. Brokers are usually on the lookout for strategies to be much more effective and connect with house potential buyers and sellers. They try to determine out how best to use their means and which tools to pull out of their instrument belts. A single new tool growing in reputation across fields is the chatbot ChatGPT, which makes use of artificial intelligence to answer to prompts in a conversational way. It has built headlines for carrying out such feats as…
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Real estate agents are turning to ChatGPT AI to describe listings
Century 21 Beggins Enterprises on its website lists a “beautiful” three-bedroom condominium in Madeira Seaside, Florida with “large roomy balconies to delight in the warm, attractive sights.” “This is 1 of the only qualities offered on the Gulf Beach islands which is absolutely pet helpful,” the listing reads. “Secure your piece of paradise at The Residences at Madeira Seaside City Heart. Welcome residence.” If you’re tempted to obtain the listing, thank ChatGPT. The text previously mentioned was penned by the free artificial intelligence computer system method. Genuine estate agents across the region are turning to the program to enable generate up listing descriptions and written content scripts, as 1st claimed by CNN. “We’re…
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Real estate agents say they can’t imagine working without ChatGPT now
CNN — If you came across a four bed room, 3.5 rest room property outlined for sale lately on a tranquil cul-de-sac in Cedar Rapids, Iowa, you could possibly not consider 2 times about the on the internet listing. It provided regular real estate descriptions like “ideal for entertaining” and “ample house for leisure.” But JJ Johannes, the real estate agent for the house, created the description in less than 5 seconds by typing a handful of keywords into ChatGPT, a viral new AI chatbot device that can produce elaborate responses to user prompts. It is a task, he said, that would usually have taken him an hour or more…
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