ChatGPT gave out of date information, waste time fact checking

It's concerns about accuracy, not leaked information, that's the stumbling block for the traders who spoke to Bloomberg. They appear to be using the tool to cut down on the more tedious aspects of their jobs, but fact-checking the information is, in part, making that redundant.

One oil trader found there was out-of-date information in the crude market outlook written by ChatGPT that had to be changed, per Bloomberg. And while one bank employee found it compiled an overview of a client in less time than an internet search would take, the info it gathered then had to be cross-checked.

"When we talk of high-accuracy task, it is worth mentioning that ChatGPT sometimes hallucinates and can generate answers that are seemingly convincing, but are actually wrong,""At this stage, the best practice is for highly educated users to spot the mistakes and use Generative AI applications as an augmentation to existing labor rather than substitution," they added.

Despite the potential drawbacks with the tool, Wall Street expects to see a shake-up from AI tech, which already underpins algorithmic trading., a recent JPMorgan survey found — double the figure in the same survey carried out the year before.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cybercriminals are using ChatGPT to make their jobs easier tooInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Very funny...🤣🤣 Im sure Cybercriminals also use Google to make their job easier. Where is the article?
Source: BusinessInsider - 🏆 729. / 51 Read more »

ChatGPT tremor is a seismic change like the Mesopotamian writing adaptationWhile ChatGPT threatens to change writing, the Mesopotamians, who lived 4,000 years ago went through this kind of seismic change before us.
Source: IntEngineering - 🏆 287. / 63 Read more »

How to use ChatGPT as freelance writer to make job easierA freelance writer who earns 6 figures shares 3 ways he uses ChatGPT to make his job easier: 'You have to learn how to work with the tool instead of fearing it' Interesting, but I wonder how much of his advice is applicable as all writers have a different and unique style
Source: BusinessInsider - 🏆 729. / 51 Read more »

ChatGPT shrinks human workforce in US amid tech layoffs, reveals surveyOver half of the studied companies in the United States have deployed OpenAI's ChatGPT chatbot, according to a recent study. And nearly half of these businesses disclosed that ChatGPT had already replaced a number of their employees. Business leaders have proven they have no clue whatsoever or the question should have specified if it's a significant number of people (e.g. 40 within one country is not significant).
Source: IntEngineering - 🏆 287. / 63 Read more »

What Musk, Gates, other business leaders think of ChatGPT, AIInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Bill gates isn’t a business leader, he’s a depopulation monster. Interesting read! AI BusinessLeaders Innovation
Source: BusinessInsider - 🏆 729. / 51 Read more »

Should you use ChatGPT to write your next talk in church?Artificial intelligence technology may be capable of writing a church sermon on just about any prompt it's given. But a BYU professor warns that ChatGPT may not necessarily be accurate. 'My name is ChatGPT, for those of you who don't know me' 'Ah crap, I probably should have proofread this first.' Hmm. Like the talking donkey not accurate or... No.
Source: KSLcom - 🏆 549. / 51 Read more »