AI (ChatGPT): Financial Wizard or Wishful Thinking?
At WESCAP, we have been using and testing ChatGPT 4.0 for some time.
Chat GPT 4 is fast and has vast amounts of data and information available to it. It can write spreadsheet formulas, do various math calculations. It can understand conversations and create well-written responses. It has aced legal bar exams and similar difficult tests that far exceed the average person’s ability to do so.
It and other similar large language models use a deep-learning neural network model. When asked about its own drawbacks and limitations, here is how ChatGPT responded:
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