[HN Gopher] What if ChatGPT was trained on decades of financial ...
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       What if ChatGPT was trained on decades of financial news and data?
        
       Author : hhs
       Score  : 38 points
       Date   : 2023-04-03 22:20 UTC (40 minutes ago)
        
 (HTM) web link (www.niemanlab.org)
 (TXT) w3m dump (www.niemanlab.org)
        
       | SrslyJosh wrote:
       | I'm sure its stock picks would be nearly as good as throwing
       | darts at a list of companies.
       | 
       | https://www.guinnessworldrecords.com/world-records/most-succ...
        
         | blackflame7000 wrote:
         | [dead]
        
         | suddenclarity wrote:
         | For people new to this or not reading the text, the key words
         | are "list of internet companies" during the dot com bubble. The
         | monkey throwing darts had very little to do with it.
        
       | IIAOPSW wrote:
       | If it was additionally trained on decades of old Playboy
       | magazines, it would be an AI only capable of comprehending money
       | and sex, thus rendering humanity 99% redundant.
        
       | cronix wrote:
       | Wait til they feed it your social feed combined with other
       | collected PII from the last 20 years and use it to
       | psychologically tailor ads, Edward Bernays style, just for you,
       | which it will also generate in real time.
        
       | JPKab wrote:
       | Just call it CramerGPT and get it over with.
        
         | whalesalad wrote:
         | I'm inclined to think ChatGTP would outperform Cramer even
         | without historical financial data.
        
       | Lapsa wrote:
       | roflcopter would go swah swah swah
        
       | senthil_rajasek wrote:
       | Overall a good article I learked that the financial news company
       | Bloomberg has built a ChatGPT called BloombergGPT trained on a
       | corpus of 700 billion tokens.
       | 
       | Here is the actual research paper from ,
       | 
       | https://arxiv.org/pdf/2303.17564.pdf
       | 
       | I can't tell if this is Bloomberg's attempt at solving a problem
       | or if they are doing this out of FOMO.
        
         | notimetorelax wrote:
         | They sell terminal subscriptions for 30k per year, this will
         | keep them in the lead from competition
        
       | paxys wrote:
       | It'll do great. As everyone in the industry knows, past
       | performance is always indicative of future results.
        
         | ssgodderidge wrote:
         | I tend to agree, but maybe AI can find
         | patterns/correlations/etc that Humans wouldn't think of? Not
         | sure we're there _just_ yet, but this might be a step in that
         | direction
        
       | rockzom wrote:
       | GOLD
       | 
       | (((:::)))
        
       | limaoscarjuliet wrote:
       | Pretty darn sure there are many tons of coal used as we speak to
       | do just that...
        
       | Reptur wrote:
       | BlackRock already uses an AI called Aladdin to manage 11 trillion
       | in assets. https://en.wikipedia.org/wiki/Aladdin_(BlackRock)
        
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       (page generated 2023-04-03 23:00 UTC)